Trade Management: Anatomy of a trade
Description
It’s easy to open a trade, but what comes next? In this video we’ll dissect a typical trade, from entry to exit and including some of the most common but important decisions in between.
Focus areas include:
• Learning about entry and exits
• How to use stop loss, trailing stops and take profit to help protect your account
• Keeping an eye on partial profit, breakeven and idea invalidation
• Managing your risk allocation
• Knowing when to call it quits and cancel a trade
See all upcoming webinars: https://www.axitrader.com/education/seminars
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Link: https://www.theforexarmy.com/full-mt4-trade-manager-ea
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The views and comments shown in this video are not necessarily those of AxiTrader, and are provided by a third party, and should not be construed as advice. You should seek independent research and advice before making any investment decisions.
About AxiTrader
Back in 2007, AxiTrader was founded on a simple idea: to be the broker we’d want to trade with. At AxiTrader, our focus is always on integrity, service and execution. We strive harder to be the best – it’s what separates us from our competition and makes us one of Australia’s largest domestic Forex brokers.
Discover the AxiTrader advantage today.
► Spreads from 0.0 pips
► We welcome Expert Advisors (EAs) for automated trading
► Choice of Standard or Pro MT4 accounts
► Free access to Autochartist
► Comprehensive education and access to global market news
The AxiCorp group of companies is authorised and regulated by the Financial Conduct Authority of the United Kingdom and the Australian Securities & Investment Commission.
AxiTrader runs a 24 hour Client Services and trading desk 5 days a week starting from 08.00am AEST (00.00 server time) Monday morning and ending at 08.00am AEST on Saturday morning.
AxiTrader is a registered business name of AxiCorp Financial Services Pty Ltd (AxiCorp) ACN 127 606 348 ASIC AFSL 318232. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment. A Product Disclosure Statement (PDS) for our financial products and our Financial Services Guide (FSG) are available at www.axitrader.com
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