What is sell stop? How to use and place the sell stop orders?

What is sell Stop?

Sell Stop means place a sell order below the current market price.

Ex. EUR/USD present market rate 1.4500, you can place your sell stop position below current market like 1.4400. While market going down to rate 1.4400, it automatically open your sell stop position to sell position.

How to place sell stop orders?

Double click the particular currency pair and  then the order window will open in the screen. Select the pending order in drow down menu in Type option and select  sell stop order, put your price and place the sell stop order.

How to use sell limit orders?

• You can save your time from watching market in computer
• Some times your to able to place a order in particular price in high fluctuations.so safe to place sell stop orders, as well your trading system will go smooth.
• Sell stop are mostly used in auto trading.
• Product your income from power and internet conncetion problems using sell stop.