Open Orders - What is best practice?
Entry point that is what define a great trader. TrendLine is the best because your SL loss won't be more than 30pips.
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
In your opinion, what is the best practice to place orders:
1- Just One IN order, with SL and TP already Defined. In case of new IN deals (increasing volume/changing average price), need to Modify to SL and TP with new prices.
2- Three orders: 1 deal IN, 1 deal to SL, 1 deal to TP. In case of new IN deals, need to Delete SL/TP and create new Orders to SL/TP with new prices.
What is the best option? And why?