Trading Stocks Set a Stock Stop Loss Order on MT4 Android App
Stocks Trading Set a Stock Stop Loss Order on MT4 Android App
Trading Stocks Place SL Order on MT4 Android Stock App
A stoploss order is an order used in stocks to close an open trade if the trade moves against the trader's position by a certain number of pips.
Once the stoploss order is set at a specific level, this stoploss order will automatically close the open stocks trade once the stocks price gets to this stop loss order price level. Stop Loss order is used in stocks money management so as to prevent further losses if a stocks trade is going against the direction of the trader's open trade position.
Set Stop Loss Stocks Order Setting When Opening New Stocks Trading Order in Tools Menu in MT4 Stocks Android App
To open a new stock trade order - buy or sell stocks trade use the tools menu found within the MetaTrader 4 Stocks Trading Platform as shown below.
The New stocks order button for placing a new stock trade is displayed below.
Set a Stock Trading Stop Loss Order in MT4 Android Mobile App
Once you select the new stocks order button as illustrated and illustrated above the following stocks trade order pop up window will appear and as a trader you will then use this trade order pop up window to set the Stop Loss Stocks Order Level for your new stocks trade.
This pop-up includes settings for placing a new stocks trade order as well as settings for setting Stop Loss Stocks Order Level.
Stocks Trading Set a Stock Trading Stop Loss Order in MetaTrader 4 Android Phone App?
Following Stop Loss Stocks Order Settings are specified for placing a new Stop Loss stocks order:
Stock StopLoss Order - Set StopLoss Stocks Order, This option can be set after opening trade, or for pending stocks orders
Open the Buy or Sell Stocks Trade by Clicking the Following Buttons:
- Sell by Market - Open a Sell Stocks Trade
- Buy by Market - Open a Buy Stocks Trade
To Buy at current stocks price & open a new stocks order choose the Buy by Market stocks order button
To Sell at current stocks price & open a new stocks order choose the Sell by Market stocks order button
After you open the new stock trades use the Stop Loss Stocks Order Window Above to Set The Stop Loss Stocks Order for the New Stocks Trading Order
You can also get this window panel so as to modify an already open buy or sell stocks trade - To get and find this order window for a buy stocks trade, right click on opened buy or sell stocks trade, then after that click "Modify Order" after you click modify order button key the above trading order settings button key will appear and you can then set the Stop Loss Stocks Order using the procedure described above.
Set a Stock Trading Stop Loss Order in MT4 Android Mobile App
