This is a discussion on I am miffed?? within the Forex Beginners forums, part of the Forex University category; I am miffed ¿?? OK I just downloaded MT4 and opened a demo acc, with $3000 on a 1:100 ratio ...
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I am miffed ¿??
OK I just downloaded MT4 and opened a demo acc, with $3000 on a 1:100 ratio I thought the best way to familiarize myself, was just to play around. So I select EUR/GBP (it could have been any), but I just selected that. NOW, everywhere I read, it advises on putting in a stop loss BEFORE you actually do the trade. So I decide I want to BUY EUR/GPB…..here is what the boxes have so far Volume = 1.0 Stop loss box is = 0.0000 Take Profit box = 0.0000 Type = Instant execution The following is just an example from memory I press the BUY button åt 0,8610 (entry price) I want to put a S/L of 35 pips from entry price (0.8575) & a Take profit at 50 pips from entry price (0.8660) Every time I try to put these values in to the Stop loss box & Take Profit box, it won’t accept the values. I notice that the value fields in Stop loss box & Take Profit box, have 5 zeros after decimal point. What am I doing wrong ?? Does anyone know of online video tutorials of how to use MT4, that actually shows you how to do this? I googled and found many sites, but none show how to enter these values. |
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