LETS EXECUTE TRADES

 

✅ 1. Choose a Trading Platform

Most traders use platforms like:

• MetaTrader 4 (MT4) or MetaTrader 5 (MT5)

• cTrader

• Your broker's web or mobile app

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🔍 2. Analyze the Market

Before placing a trade, decide what pair to trade and in which direction:

• Use technical analysis (charts, indicators, trends)

• Use fundamental analysis (news, interest rates, etc.)

Example: You think EUR/USD will go up → You’d plan to buy (go long).

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🖱️ 3. Place the Trade

Here’s how to do it on most platforms (like MT4/MT5):

🧭 Trade Types:

• Market Order = Executes immediately at current price

• Pending Order = Executes later at a specific price you set

🪙 Basic Settings:

Field	Description
Symbol	The currency pair (e.g., EUR/USD)
Lot Size	Trade size (e.g., 0.01 = micro lot)
Stop Loss (SL)	Automatically closes your trade to limit losses
Take Profit (TP)	Automatically closes trade to secure profits
Order Type	Market or Pending
Buy/Sell	Buy = price goes up, Sell = price goes down

✅ Click “Buy” or “Sell” to execute the trade.

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📈 4. Manage the Trade

Once open, monitor your trade:

• Adjust SL/TP if needed

• Close manually if your target is hit or the market changes

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📉 5. Close the Trade

You can close it anytime to take profit or limit a loss.

• On MT4/MT5: Right-click the trade → “Close Order”

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Example Scenario:

You think GBP/USD will rise.

You place a Buy order (1.00 lot) at 1.2500, with:

• SL at 1.2450 (risking 50 pips)

• TP at 1.2600 (targeting 100 pips)

Now you wait and let the market move.

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Want help setting up a demo account so you can try a trade risk-free? Or want a visual step-by-step on a specific platform?

JUST COMMENT 

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