Saturday, April 12, 2014

Trade Tab ,Sl ,Tp Swep what is

Trade TabThe Trade tab contains information about the current account status, open positions and pending orders. All open positions can be sorted by any field. When a pending order triggers, a new position will be opened and the pending order line will be replaced with that of the open position. All trade operations are displayed as a table having the following fields:

  • Order - the operation ticket number.
  • Time - time that the position was opened, represented as YYYY.MM.DD HH:MM (year, month, day, hour, minute).
  • Type - the type of trade, such as Buy or Sell
  • Lots - the trade size.
  • Symbol - the trading instrument.
  • Price - the price at which the position was opened.
  • S/L - the placed Stop Loss order level. If the order has not been placed, a zero value will appear in this field.
  • T/P - the placed Take Profit order level. If the order has not been placed, a zero value will appear in this field.
  • Price - the current price of the security (not to be confused with the price at which the position was opened).
  • Commission - commissions charged by the brokerage company.
  • Swap - charges for swaps.
  • Profit - the financial result of the transaction.
  • Comments - user-made comments entered during trade placement.
ConclusionMetaTrader 4 is an electronic trading platform popular among retail forex traders. The platform is licensed to foreign exchange brokers who provide the software to their clients. Certain brokers have versions of MT4 that boast advanced features. 

As with any order-entry platform, learning MT4's features takes time and effort. MT4 supports a simulated trading environment where traders can experiment with the platform and place "paper" trades without risking money. 

Intermediate Guide To MetaTrader 4 - Placing Orders | Forex ,learn forex free mt4 Read more >>>>>>>>> order types,technical indicators,trading platform,trading software, learn forex free ,forex free


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Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.