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This is how most successful traders limit their losses. They know when theyre going to sell and they have this pre-defined before they even begin trading. My emotions are removed from top 10 trading platforms for beginners the equation, and I just simply follow what my stop loss says.
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This is how you use a limit order defensively. Using a stop limit order offensively involves setting different stop and limit prices. This is called a buy stop limit order. For example, let us say that SPX (you cant buy the index directly but this.
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When a stop order is triggered, disadvantages Brokers may charge a high top 10 trading platforms for beginners commission fee for limit orders. The stop price and the limit price do not have to be the same. They also may never be executed if the limit price is not reached.later in the year, as long as the move is top 10 trading platforms for beginners gradual, then there are also interest rates to consider. Investors interested in this sector may look at major weakness as an opportunity to buy for aggressive accounts. Interest rates are expected to head higher.
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