Monday, February 23, 2015

Check your stop and profit target orders

Make sure to watch your own charts. This is where you start to look for trades to pull money out of the different markets. Depending on your trading style weather you are a day trader, swing or long term, you might be looking for trades every few minutes to every few days. This is where your core strategy is used. Marking up your charts with quality supply and demand zones to help you know where and when to make trades makes trading much easier. We are always waiting for price action to arrive at one of our zones. Check your stop and profit target orders when you make a trade. Traders always need to make sure your orders are where we think they are. It is entirely possible that you may have set up a ten pip stop, or where their is selling pressure. 
Stock Market Forex Trading Risks