hesitated too long or watched your profits disappear when you become
greedy to hang on for more profits, instead of sticking to your trading
plan.
This allows for a greater customization of the order to meet
the specific needs of the investor hence reducing emotional trading.
The order just filled by itself when the conditions are fulfilled.
Eliminating the fear of missing opportunities
Many occasions trading opportunities are missed just because you
wasn’t at you computer staring at the chart when the entry signal was
present. Conditional orders are used to place your orders before the
market opens; defining a trigger price for your order makes you
detachable from your computer.
Thanks to the advance trading platform available, trading has never
been much easier. These automatic features allow you to separate
trading from constant monitoring of the market, which is maintained
even when you are away from your desk so you can have more
freedom to do other things.
No comments:
Post a Comment