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XM

January 10, 2018

How to use Take Profit/Stop Loss orders? How do they work?

Stop Loss is an order that limits losses if the price goes in an unprofitable direction. It automatically closes the position when the price reaches a certain price level. To protect the deposit from negative market fluctuations and ...

December 21, 2017

How to place Stop Loss & Take Profit orders on MT4 platform?

In the order window you can manually choose stop loss and/or take profit levels. If you want to use the current price you can click the Copy As buttons to fill out these fields. You can then change the prices to the stop loss and take...

FXTM

December 11, 2017

How can I place/change a Stop Loss/Take Profit order?

Standard Account: You can set your Stop Loss/Take Profit in the new order window. ECN Account: You can set the Stop Loss/Take Profit after placing a new order by double clicking on the order or with a right click. Amend it by selectin...

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