Description
Limit orders are designed to help you capture profits. In this video, we show you how to set limit orders.
Transcript
Limit orders are designed to help you capture profits, so they are placed on the winning side of a trade. You can create a limit order while you are creating a market or an entry order. Simply check this box and enter your limit price, usually the price where you want to book a profit. You can see that a market order executed in the account and a limit order of equal size is waiting here in the Orders window. Net Limits control your entire exposure for a given currency pair and can be added by clicking on the blank cell in this column. As you can see, the platform makes it easy for you to automatically book profits with limit orders.