In The Beginning

[jst_trade]

How to order? What type of order? Are types of orders for types of market? Could i get someone to give me an example entry and exit, something i could practice? Ive read types of orders and now i am really lost, i keep getting side tracked by the other billion pieces to this puzzle. I would really like to get started playing with this practice account and have some kinda idea on what the heck i am doing. aaaaaaaaaaaaaah yea that would be nice.

 

[millsy500]

What account are you using? Then maybe some one could direct you in the right direction.

 

[jst_trade]

OOoh hay thanks for looking this way, Forex 360 is the practice account ive opened, and i think ive figured out Limit order and Stop order, and the parental. I havent used the market order yet, lol. Ooooh and a Limit order you use when your buying or the market is going up, i think, and the stop order when the market is going down, ya sell right, i think, lots to learn.

 

[damianoakley]

Hi jst,

Give this link a go - it explains every order type you should ever need !

http://www.interactivebrokers.com/en/software/ordertypesintro.swf


Thanks

Damian