Saturday, August 31, 2019

forex Delayed order varieties

BuyStop. A delayed commercial document for a value beyond this one.
BuyLimit. A delayed commercial document for a value less than this one.
SellStop. A delayed sale order for a value less than this one.
SellLimit. A delayed sale order for a value beyond this one.
Delayed orders can also have StopLoss and TakeProfit modifiers.



StopLoss. permits setting the limit on the order loss. If the loss exceeds the limit, the order can mechanically shut.
TakeProfit. permits setting the limit on the order profits. Once the profit reaches the limit, the order can mechanically shut.

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