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Forex Trading for Beginners Part 6 The Different Types of Forex Orders Urdu/Hindi

What We are Going to Cover in this Video.

The Different Types Of Orders

  • Market
  • Limit
  • Stop
  • Stop Loss

Market Orders

  • Enter The Market Now
  • Pros: You Know For Sure You Will Be In The Trade
  • Cons: You Pay A Premium

Limit Order

  • Enter Only If The Market Comes To Your Desired Price (Pullback)
  • Pros: Enter At’ ’Cheaper” Price
  • Cons: Might Miss The Move
  • Trading Against Current Momentum

Stop Order

  • Enter only if the market moves in your favor (breakout)
  • Pros: Enter trade with momentum
  • Cons: Might be a false breakout

Stop Loss Order

  • Exit the trade if it goes against you
  • Pros: Cut your Losses
  • Cons: The market reverse back in your Direction

 

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