When trading your take profit order is used when you are exiting your trade for a profit. Whilst the most common form of a take profit order is a pending order, you can also use an ‘at market’ order to take your profit. In this post we look at exactly what a take profit order is and how you …
Beginner Trading Lessons
What is Margin When Forex Trading?
Margin and leverage go hand in hand in trading. Margin is the amount of money you will need to invest up front to place your trade. Leverage is what your broker will give you to make the trade. Read the beginners guide to leverage here. The amount of margin you will be required to use in …
Head and Shoulders Pattern: How to Find and Trade
What is the Head and Shoulders Pattern The head and shoulders pattern is a very popular reversal pattern. With this pattern you are looking for a price action reversal with price reversing back lower. One of the best things about this pattern is that you can use it on any time frame and in …
