lanreme02@yahoo.com
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Hello forum,
Am back again with question!
I was using my Demo account and entered a losing trade,
it re-bounce to a "break even" level with about $5.00 profit so
i thought of "quickly closing" the trade.
The platform refuse the transaction saying: "HEDGING IS PROHIBITED" :shocked: or, what's the rigt way to close a losing the trade ? i was surprise that the system allow me to add more losing trade but not closing existing one's!
Secondly, Limit orders to enter a trade must be placed at "30 pips" from market price! is that how it really work in Forex ?
More so, can some one please explain the difference between: Buy limit and Buy stop. Sell limit and sell Stop.
Thank you all.
Newbie
Am back again with question!
I was using my Demo account and entered a losing trade,
it re-bounce to a "break even" level with about $5.00 profit so
i thought of "quickly closing" the trade.
The platform refuse the transaction saying: "HEDGING IS PROHIBITED" :shocked: or, what's the rigt way to close a losing the trade ? i was surprise that the system allow me to add more losing trade but not closing existing one's!
Secondly, Limit orders to enter a trade must be placed at "30 pips" from market price! is that how it really work in Forex ?
More so, can some one please explain the difference between: Buy limit and Buy stop. Sell limit and sell Stop.
Thank you all.
Newbie
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