Jan
15

forex trading tutorial

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forex trading tutorial
If I open a forex trading, does that mean I'm creating a market order?

I'm a newbie in the forex market, you just downloaded a platform corridor and make demo / practice account. I see no option called "free trade" and also called for "creating order." I'm confused that whether to open a position you must click on "free trade" and "create order" because what I have learned from tutorials is that foreign exchange in order to buy or sell at the moment, you must create a market order, but in my demo account trade practice is opened by clicking just mere "free trade, "so I wonder what role does the" create order "

Hello, first generally, the market order "to buy / Sell at current prices the purchase price to limit the means to buy the limit price or lower. limit sell order to sell half or more the price ceiling. Are you using MT4? Anyway as it is doing DEMO, why do not you try? If a market order, you will see your order will appear in the table in the current price. Pending orders will requried to specify an entry price and if set, will appear at the price you specify. If you are new to Forex, you can visit my blog where I write articles for beginners. Hope i helped!


Experience Counts -  How To Trade Futures, Stock, Forex, Options, With Algebra: Learn from the experienced, trading is never easy but it can be.  Algebra tutorial also included.


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Categories : Forex Trading