There’s an abundant amount of trading opportunities each month in the market, but we don’t always have the time or desire to sit around staring at our charts waiting for the market to hit our pre-determined entry level. Also, I should mention that sitting around waiting for the market to trigger an entry is an unnecessary waste of time and can tempt us into entering a trade prematurely or to enter a trade that we otherwise might not. Fortunately, with the knowledge of how to use ‘on-stop’ entry orders, we can eliminate the need to sit in front of our computers waiting for the market to trigger a trade entry.
I get a lot of emails from traders asking me about different trade entry order types and how to use their Meta Trader 4 (MT4) trading platform. Thus, in today’s lesson I thought I would answer both of these questions by discussing how to use ‘on-stop’ entries properly and some of the advantages they provide.Monday, September 16, 2013
Using ‘On-Stop’ Orders to Maximize Your Profits
There’s an abundant amount of trading opportunities each month in the market, but we don’t always have the time or desire to sit around staring at our charts waiting for the market to hit our pre-determined entry level. Also, I should mention that sitting around waiting for the market to trigger an entry is an unnecessary waste of time and can tempt us into entering a trade prematurely or to enter a trade that we otherwise might not. Fortunately, with the knowledge of how to use ‘on-stop’ entry orders, we can eliminate the need to sit in front of our computers waiting for the market to trigger a trade entry.
I get a lot of emails from traders asking me about different trade entry order types and how to use their Meta Trader 4 (MT4) trading platform. Thus, in today’s lesson I thought I would answer both of these questions by discussing how to use ‘on-stop’ entries properly and some of the advantages they provide.
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