Q. “Once you've entered your trade, is there a process or criteria you use or follow that tells you when to close your trade?”
A. When it comes to following my MATI Trader System, I have a fixed set of criteria that tells me when to exit or close my trade every time I take a trade.
In fact, I have four criteria:
Reason #1: Your initial stop loss hits
The s... ››› more
Q. “I want to understand trading in a simple way, as I don't understand much about trading. Please can you answer the following questions.
1. What does an entry level mean?
2. What is a stop loss level?
3. What is a take profit level?
4. How do you cancel a trade that hasn't been taken?
5. How do I confirm that I have exited a trade?
I would appreciate your help Timon.
... ››› more
Once you start trading, you want to be able to set your trades up so you don't have to watch them all the time.
This includes setting take profit levels and stop loss levels.
So how can you do this?
It all comes down to using exit orders.
Read on to find out what you need to do…
How to use exit orders to protect against large losses
When you trade, you’ll never be right 10... ››› more
The world of stock market investing is very much reliant on computers.
When you instruct your broker to buy or sell shares for instance, he uses a computer linked up to the stock exchange to process your instruction.
It makes sense to use this technology to your own advantage. You can use it to help you manage your investment risk. And you can use it to bank profits.
Read on to find out m... ››› more
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