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 Currency Trading - Manage Your Money

  • Have a firm plan -- and stick to it
  • Know that Trades are Business Transactions
  • Calculate your Rewards/Risks before you trade
  • Keep your Limits/Targets realistic
  • Use Support and Resistance
 

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    Curency Orders - What Are the Different Types?


  • Entry Order - This order remains inactive until a certain price has passed -- at that time the order is activated as a market order.
  • Limit Order - Buy or sell a pair to close a deal, usually only at an acceptable return.
  • Market Order - When you buy or sell a currency pair immediately at the best current price.
  • Stop Order - When you buy or sell a currency pair that is set to close a trade at an acceptable - minimal - loss

  • Forex training

    Currency e Trading