What are the disadvantages of a stop-loss order?
I'm considering using a stop-loss order in my trading strategy, but I want to understand the potential downsides. What are the main disadvantages of employing such an order?
What is the minimum order for OANDA?
I'm inquiring about the minimum order quantity (MOQ) specifically related to OANDA. I want to know the lowest amount of an order that OANDA would accept to process a trade, considering factors like their cost control and production situation.
Can you order foreign currency online through your bank?
I don't understand this question. Could you please assist me in answering it?
What is an example of a stop-loss order?
I'm looking for an example that illustrates a stop-loss order. I want to understand how it works in practical terms, so a real-world scenario or a detailed explanation with specific numbers would be helpful.
Can I cancel a CardTrader order?
I'm curious about the flexibility of the CardTrader platform. Is it possible for me to cancel an order that I've placed? I understand that market conditions can change rapidly, and I want to make sure I have the option to adjust my strategy accordingly. Could you please provide some insight into the order cancellation process on CardTrader? I'm interested in knowing if there are any limitations or fees associated with cancelling an order, and if there's a specific timeframe within which I can cancel my order. Additionally, I'd appreciate any tips or best practices for managing orders on CardTrader to ensure I'm making the most informed decisions.