On the Plus500 platform, this feature is available for some instruments, and a fee is charged to place this order. This feature is free of charge on the Plus500 platform.Ī guaranteed stop order guarantees a position will close at the selected rate, even if the market price gaps past it. There is no guarantee a position with a set “close at loss” will close at the exact price level specified, due to slippage. Once the selected rate is reached or passed (as sometimes the price can ‘gap’ and move past the designated level), the stop will be triggered and the position will be automatically closed at the first available price. You can also set a stop loss (close at loss), in which you specify a closing rate, aiming to avoid further losses. If you set a limit stop (close at profit), your trade will close at the rate you specified, in order to help you lock profits. In addition, you can choose to close your positions manually, or set stops so that the system will close them automatically with stop orders. This is known as future orders (pending orders). You can also request to open a position when the instrument reaches a certain price, specified by you. When a trade is executed at “ market order”, it is executed at the current market price. There are various types of trading orders that can be placed when trading CFDs on the Plus500 platform, including market orders, future orders, (pending orders) and stop orders. These skills can be developed by keeping up to date with current events and understanding how they impact markets. Market sentiment can shift quickly, and being able to act on this shift takes perception and intuition. You should also try to keep up to date with the latest news and trends before making any trading decisions. All of these tools are provided on the Plus500 platform, where we offer trading on stock CFDs. Some platforms offer economic calendars, trading platform indicators and charting, which can all be used as aiding tools. One of the most important aspects when trading stocks, whether you are trading stocks CFDs or trading the underlying asset on the stock market, is to make sure you have done your homework. Below are just a few steps that any trader should take before trading stocks. There are some basic parameters you need to follow to avoid making detrimental decisions. Investing in the stock market can be challenging, but rewarding if you know what to do.
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