Understanding Stops Entry The Spread and Limit Orders in Forex - For Beginners
This video will explain what is meant by Stops, Entry, The Spread and Limit Orders in relation to Forex and Indices. It will also show you how each of them work. The video is aimed at beginners
Comments
Fantastic video! I really appreciate your hard work. Please do keep these videos coming. You are a godsend.
I'm a little confused.. Say I want to hold a position for a week. And lets say I'm expecting a small retracement at some point that week to occur, but the retracement ends up dropping way down, before the buyers come in and push me into a point where I would like to take profits.. During that time the price drops my account would be wiped out? I'm trying to grasp the concept, I guess I'm thinking of it kind of like the stock market, buying at say 10$ Monday expecting it to reach 14$ by Friday, but having it drop to 8$ mid week.. On a stock market the value of my stocks just went down, but in Forex my account gets wiped out?
I hope you can help me out, what does volatility means?
Thank you so very much. This series is perfect and it's exactly what I needed to start learning to trade. Thank you for sharing your knowledge, experience, and wisdom. I definitely appreciate your time. God bless.
Thank you for your efforts James. Very well explained videos. :)
Thank you so much for take the time to show us this, i just started on demo accounts i've been doing well, i don't know if it's the same with a real account, the thing is i wanna learn everything about forex before start with a real account
you inspire me james in trading ill quit for being i.t and study trading :)
Thanks James
Hi very helpful videos, thank you for the videos. I am just beginner to trading,i have few question it will really helpful if you can answer them. what is difference between binary option trading and forex trading? Why are most traders using candlestick graph is it personal preference or for some other reason and the last question there so many signal out there, so call "helpful" signals which will send notifications to tell the best time to trade is true or is it scams? Thks
Fantastic videos, thank you for these. I have just gone through a terrible experience with binary option trading and was ready to call it a day and then I found your videos. I am now reconsidering whether or not to try again. I am going to university in Sept to study psychology and need to find a way of earning something while I study. I am 47, a mom of 4 children and have a husband who's trying to support me whilst going back to FT education. I have no experience and I am not great with maths or stats but I am a keen learner and have always been fascinated by the stock exchange, the markets and the psychology behind it all. I have done a lot of reading and listened to a lot of YouTube videos about what trading is all about. Your videos are very clear and I am able to understand and follow what you're saying so you are a great teacher. I don't want to get rich quick. I am prepared to work for it. Money is not the centre of my universe but I recognise that I need it to live in today's cultural society. I need it to pay for all sorts of bills...so yes, I can't become a beach bum and hope it falls into my lap. So I just wanted to say you thank you.
Hey Decisive training, great vid very clear easy explanation. Thanks!
One question: When I leverage and borrow e.g. 50,000 and I lose all my money because i had no stop loss will my account be closed? Does this mean I have to pay back my broker the 50,000 that i lost? Have you done a video about leveraging?
We can pre-set an entry, and also a closed price? Really!!!! So I could pre-set any currency with an entry and a close, then go play hockey while I am increasing my income. If I saw right, then I make this profit automatically, simply because I have pre-setted everything? I am so amazed if this is all true!!!!!!
I've been told not to open at market ever, to only use limit orders, but do you think market orders are ok to open and close?
Thanks James.
Hi Decisive Trading, Do you have a demo account to practice on?
Thank you for your series of videos here. I have a small suggestion in your fundamental play list, could you number the videos in a running order so that people like me don't get overwhelmed with information that won't make sense until we have watched certain videos first. I hope that all makes sense to you. Again thanks for the series it's proved very helpful.
Watching your video's James, host of it is going over my head at the moment but it will start making sense soon I hope. Once again many thanks Ray
I liked this video. Thank you very much.
Thank you for these excellent videos. You are truly a godsend. It is extremely difficult for a beginner/newbie to find clear and simple instructional education on the markets. Please, keep them coming.
Another clear and well-organized presentation. I just subscribed.