Swing Trading

1.7 2.23.5 4 4.5 5

Buy

Sell

Profit

Sell

Buy

Profit

Market order is a commitment tothe brokerage company to buy orsell a security at the currentprice. Execution of this orderresults in opening of a tradeposition. Securities are bought atASK price and sold at BID price.Stop Loss and Take Profit orders(described below) can beattached to a market order.

Pending order is the client'scommitment to the brokeragecompany to buy or sell a securityat a pre-defined price in thefuture. This type of orders is usedfor opening of a trade positionprovided the future quotes reachthe pre-defined level. There arefour types of pending ordersavailable in the terminal:

TRADER A

Has $5.000 in his account

TRADER BHas $5.000 in his account

Buy $100,000 @1.3500

1.3450Loss=$500

1.3200Loss=$3000

1.3000Loss=$5.000

Day 1

Day 2

Day 3

out of market

out of market

Day1

Day 2

Day 3

Buy $50,000 @1.3500

1.3450 Stop Loss LevelLoss = $500

$

Failure to break the support

(make a new low)

Failure to break the support

(make a new low)

618.0144

89

382.0377

144

236.0377

89

618.0618.0

382.0

618.0382.0

236.0

618.089

55

618.1233

377

618.2144

377

236.489

377

618.0618.2

618.1

618.0236.4

618.2

,

20

10 18,6618,010

82,1318,600,20

82,231082,13

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