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Using Stops and Limit Orders.
http://www.financial-spread-betting.com/course/stop-order-types.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This is a video for beginners. What are Stops and Limit Orders? What are Stop Limit Orders? Which Order to Use? Stop-Loss or Stop-Limit Order?
Orders: How and When to Use Them
A limit sell order: how would we use a limit sell order? If we are in a long trade (have bought into a market and expect the market to rise) and the market is going higher we can set an automated limit sell order on the trading platform to sell our trade at a certain price to crystallize our profits.
A limit buy order would be used when we have a short position (have sold the market expecting it to go lower) and we want to lock in profit by exiting the trade at a certain 'lower' price.
We could also use a limit order to get into a position if we want to get into a position at a certain level.
Let's move over to Stops.
Stop Buy Order - price is going higher but we are short on the trade so we're losing money and we want to cap our loss. So what do we do? We could use a stop loss order in this case a stop buy - the buy will be higher than our price so we will lose money unfortunately. Of course we could also use stop buy orders to get into positions.
Stop Sell Order - if we happen to be long and the market is going lower - we are losing money and if we want to exit the trade at some point to curb our loss we can use a stop sell order.
The various Limit Orders and Stop Orders are explained in this video.
Related Videos
How to Use a Stop Order to Enter the Market 👍
https://www.youtube.com/watch?v=MTWEDFuedksWhat are Trailing Stops and How to Trade with Them? ☝️
https://www.youtube.com/watch?v=fE52K39OZDMForex Strategies: How To Use Trailing Stops 👍
https://www.youtube.com/watch?v=2ACA2TbT95gHow to Use Stops and Limit Orders to Exit or Get into Trades 👍
https://www.youtube.com/watch?v=AiHr1eUblUcGreat Tips on Where To Place Your Stop Loss!
https://www.youtube.com/watch?v=n7tXpiIoH08Stop Loss Market Orders vs Stop Loss Limit Orders ☂️✋
https://www.youtube.com/watch?v=1CD3DM594q0Using a Stop Order to Enter a Trade: Buy Stop vs Sell Stop
https://www.youtube.com/watch?v=GKWA4f7VJDQHow To Set A Stop Loss Based on Price Part 1 🏳️
https://www.youtube.com/watch?v=5T2anRAHrHAHow To Set A Stop Loss Based on a Time Limit Part 2 🏳️
https://www.youtube.com/watch?v=66EacThefj4How To Set A Stop Loss Based On Price Volatility Part 3 🏳️
https://www.youtube.com/watch?v=9Yz3tzBJFbgStop Losses: How to Use Trailing Stops Part 4 🏳️
https://www.youtube.com/watch?v=OdW3IPhxaYA3 Alternatives to Utilising Stop Loss Orders 👍
https://www.youtube.com/watch?v=Vvb0i0xw2bQUsing a Hard Stop in your Trading? ☂️✋
https://www.youtube.com/watch?v=15KZVzquc_gStop Loss Trading Strategies: Using Moving Averages As a Stop Loss ☂️
https://www.youtube.com/watch?v=yG6ox6UZlrwHow to Use the Average True Range to Set Stops ☂️✋
https://www.youtube.com/watch?v=lrytkoS4o_IUsing an Indicator as Stop Loss - RSI or Moving Average ☂️✋
https://www.youtube.com/watch?v=M_XVdSznrk4How to Find the Optimum Profit Target per Trade 👊
https://www.youtube.com/watch?v=ZG2f1QGzx8gDay Trading: Intraday Stop Strategy using ATR ☂️✋
https://www.youtube.com/watch?v=JDu2W59H7CETrading Without a Stop Loss: Why Some Professionals Don't Use Stops ☂️
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