Sunday, December 14, 2008

market order can be defined as an order to buy or sell a currency pair at the current market price

During trading in Forexgen a market order can be defined as an order to buy or sell a currency pair at the current market price. Placing orders using Forexgen’s platform is by far the easiest way to trade in the Forex market. All you have to do is click on the "New Order" icon then choose the currency pair that you want to work with, and then decide how big the lot should be then click sell or buy based on the action you want to perform. Once the order is placed it's guaranteed, especially if you are dealing with a reputable broker as the liquidity of the Forex market ensures that there will always be buyers and sellers. It's only a matter of clicks on your mouse and your action shall be performed.

Also after calculating your profit or loss remember to close the order. You MUST close the order or else you will keep losing till there is nothing in your account and you lose it all.

Trade, Compete, and Win - Begins the 1st of Every Month!

ForexGen has the pleasure to announce the launching of its first monthly Live Accounts contest,
This is NOT a demo contest

this is a live trading competition open for all live mini account holders. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes.

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