Friday, October 12, 2012

Trading Benefits - No Stop Loss or Take Profit Restrictions


When trading forex, risk controls are crucial to developing a successful trading strategy, not only to maximise the profit of a successful market trade but to limit any potential losses should the forex markets turn against the open position.

The most efficient way of controlling risk and setting profit targets is by utilising the built in MT4 feature of stop loss and takeprofit. As their name suggests, these feature allow clients to put a stop limit on their forex orders to protect the remaining account equity, and take profit feature allows clients to set the price level to lock in profits according to the market prediction or pivot points.

Unlike the majority of forex brokers, Yadix does not have a minimum stop loss or take profit level in order to use these critical forex strategy features. By having no minimum stop loss or take profit orders allows clients the ultimate risk management and profit making potential controls.

Why do brokers insist on having minimum stop loss and take profit levels? Well, the answer is simple. By demanding minimum stop loss and take profit levels ensures that market making or dealing desk forex brokers make profit on your orders. When comparing to a true STP broker like Yadix, the STP broker has no reason to set minimum order levels as the target is to provide the most user friends trading environment for forex trader to execute their forex volumes.

By offering no minimum sl or tp orders makes Yadix attractive for forex traders that execute orders to the market place using specific strategies. The strategies that benefit the most are forex scalpers, this strategy relies on entering and exiting the forex markets rapidly to maximise quick profit opportunities.

When combining the zero stop loss and take profit levels with the superior forex execution offered by Yadix, forex scalpers find the Yadix trading environment the ideal for executing their forex trading strategies.

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