Apr
10/09
Trade Order
Last Updated on Thursday, 10 February 2011 07:14
Written by forextrainingcourse
Friday, 10 April 2009 07:19

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Foreign Exchange Trading - Chapter 3

Trade Order Basics

Trade Orders should be self-explanatory, they're just telling people what to do, right? Not exactly; in forex terms an order refers to what you use to open or close a position, or as is also said enter and exit a trade. Don't worry too much about the terminology; it's not as important as the concepts.

Opening a position or entering a trade both refer to the same thing, making a new buy....(login to view article)

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