moves in the trader's favor. 7. OCO (One-Cancels-the-Other) Order: An OCO order is a combination of two orders where if one order is executed, the other order is automatically canceled. This type of ...
and real-time market data. Web-based platforms are accessible from any device with an internet connection and do not require any downloads. Mobile apps provide on-the-go access to trading accounts and...
trading platform is an online software that allows users to trade currencies in the foreign exchange market. This platform serves as an intermediary between traders and the market, providing access to...
objectives. This plan should include specific entry and exit points for each trade. 6. Use Technical Analysis: Technical analysis involves analyzing historical price charts to identify trends and pat...
smallest unit of price movement in the forex market, typically equivalent to 0.0001 for most currency pairs. 9. Liquidity: The ease with which an asset can be bought or sold in the market without aff...
2024-08-27 15:39:09