Use this Stop Loss/Take Profit Calculator to determine what price levels to use for your Stop Loss/Take Profit orders, how many pips are involved in each, and what the value of each pip is. To do this, simply select the currency pair you are trading, enter your account currency, your position size, and the opening price. If you buy a stock at $10.05 and place a stop-loss at $9.99, then you have six cents at risk, per share that you own. If you short the EUR/USD forex currency pair at 1.1569 and have a stop-loss at 1.1575, you have 6 pips at risk, per lot. For example, say a forex trader places a 6-pip stop-loss order and trades 5 mini lots, which results in A trailing stop is more flexible than a fixed stop-loss order, as it automatically tracks the stock's price direction and does not have to be manually reset like the fixed stop-loss. Support and resistance are used by traders to refer to price levels on charts that prevent the price of an asset from getting pushed in a certain direction. IQ Option is an online trading platform that enables customers to trade a variety of financial instruments and assets such as Binary Options, Stocks, Forex and of course Cryptocurrencies.. Founded in 2013 and operated by IQ Option Ltd, the site has quickly became one of fastest growing online trading platforms and claims to have over 20 million account holders from around the world. Learn how to read candlesticks, forex charts, patterns, pips, lots, buying, selling etc. forex basics lot size, forex basics for beginners, forex basics breakdown,... Read more Top 10 advices from Forex broker killer on how to be successful in forex... Dear Friends, We would be sharing our INTRADAY TRADING charts , and our logic behind the trades. Hope you get some good insights and learning by … source To trade forex on margin on the IQ Option platform, follow these steps: 1. Open a new asset and select “Forex”. 2. Enter a trade size by clicking the “Quantity” button. 3. Set optional parameters if you wish: - If you would like to open a position with the expiration time, press the “Expiration” button. - Set the take-profit/stop-loss levels. 5. Stop-loss is an order that you, as a trader, send to your Forex broker to limit your losses to a particular open position. The Take-profit works the same way, allowing you to lock the profit when a certain price level is reached. For instance, if you decide you are comfortable with a stock losing 10 percent of its value before you get out, and you own a stock that is trading at $50 per share, you would set your stop loss at $45—$5 below the current market price of the stock ($50 x 10% = $5).
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