In futures trading, order type matters. Markets, limits, and stops are three varieties of orders implemented to enhance strategic efficacy. In this blog, we will examine stop order versus limit order functionalities and how each can help you optimize your performance in the live market. Gain Precision with Limit Orders A limit is an order… Read more.
Stop Order
Which Stop Loss Order Is Best for Your Strategy?
As any veteran trader will tell you, having your stops run is not a pleasant experience. However, it doesn’t need to be a financial disaster. While the connotation surrounding the word loss is ominous, do not be fooled ― the stop loss order is often a trader’s best friend.
Make Your Stop Loss Order a 2 Lot!
Buying on support and/or selling against resistance are not new concepts. Chances are you have traded on both of these ideas. But what about the times when you were wrong? What happens to the price action after you were stopped out? Was there a trading opportunity missed?