17 November 2009

Trading warrants

Market order - an order (order), which identifies the type of currency and the actions that need to be with her to make, for example. To sell or buy at current price. Market orders should be made at the most opportune moment, at the best price. In online Forex made a request to set the price of currencies, and after confirming dealer currency is bought or sold.

Limit order. This type of warrants gives instructions to the price for a profitable Forex trader than the existing market. This means that profitable for him purchase price must be lower than the current, and selling price of currencies - higher.

Limit order should not necessarily be executed. Only in the case, if there was a corresponding level of prices, the order will be executed, that is only to achieve a specified level of prices.

Stop-loss order should be made to achieve a certain level of market prices - the stop price. Stop-loss order will not be activated until the market does not install the stop price. At a time when it is achieved, the order goes into an active state and is executed at the best price. Stop-loss order is different from the limit orders in that price it is not defined exactly: it may be lower or higher than specified in the warrant.



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