We are what we think; all that we are, arises with our thoughts; with our thoughts, we make the world.

When you enter a trade at the current market price, it is called a MARKET ORDER.

When you place a buy order above the market it is called a STOP ORDER. I think of this as, “I want to stop the train and get on for the ride”.

When you place a sell order below the market it is also called a STOP ORDER. I think of this as, “I want to stop the train and get on for the ride”.

When you place a sell order above the market it is called a LIMIT ORDER. I think of this as, “I believe the market has reached it’s limit and is about to turn around. I want to take the ride in the new direction”.

When you place a buy order below the market it is also called a LIMIT ORDER. I think of this as, “I believe the market has reached it’s limit and is about to turn around. I want to take the ride in the new direction”.

Share This:

Gold Trading GCC
Gold Trading GCC
2 Great trading tools
Forex Smart Tools
My Amazon store
Click here to view some amazing books and videos on Amazon.

This selection was handpicked by me.
Checkout another website
www.theMeasuringStick.com
This website sells Academic Diagnostic Testing for Home Schoolers and Private Schoolers.