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  1. #1
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    Default What is Stop Order and How to Use it

    The simple definition of a ‘stop’ order is that it is an order to buy or sell at a less advantageous price than is currently available in the market. The obvious question is why anyone would want to do this?
    The answer is that ‘stop’ orders are used to limit an investor’s exposure in the market. Traders place ‘stop’ orders to protect themselves from adverse market moves. This should always be a part of a trading plan. In other words, a trader should know in advance of placing a trade where to close it should the market move against him or her. More often than not, prices will move against you at some stage.
    Sometimes this may just be a minor short-term move, but at other times it may mean that you’ve got the market direction wrong. So the aim is to work out the best place to put your stop to give you the best opportunity to make money while taking the smallest amount of acceptable risk.

    source that may can help to know more: https://trademoneta.com/learn-to-trade/trading-academy/


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    I was looking for places on the chart where the price turns most often, and if it goes further, it is far. Attached to the local maxima and minima. Collecting statistics. It was hard work.

  4. #3
    Senior Investor Uncle Gober's Avatar
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    that's why traders must be able to be better and be more maximal in generating profits that are in line with expectations when in a real account to be able to generate profits that are in line with expectations.

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    Top Asia Forex Broker Rev
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    Thanks for sharing this valuable information.
    Discover one of the leading Forex trading platform - AssetsFX

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    Starting up in the business like Forex is not the easiest of deals and we have to put a lot of effort into work in order to really get it working. I feel very lucky to get a broker like BPRIMES who got lovely educational guides. Their facilities and security make me feel relaxed. They always make sure security of funds at any deposits with a wide range of trading technologies.

  7. #6
    Senior Investor Uncle Gober's Avatar
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    that's why traders must be able to use the demo account well, this is needed so that traders can get better and be more leverage in improving their existing trading skills properly.

  8. #7
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    How can you make sure that "stop order" works 100% every time?

  9. #8
    Senior Investor Uncle Gober's Avatar
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    because it is very important for traders to be able to take advantage of Tickmill's educational program well, so that traders can become more leverage in running trades that are in accordance with their passion.

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