Welcome! Dear Traders,you are reading my forex trading experiences. Forex trading is a very profitable and very risky business opportunity. If you are a beginner, calm down,have a cup of coffee, and convince yourself that you need to study hard to win in forex trading. Obviously, the task is not easy as the statistics claim that only 5% traders win in forex trading. If you are determined, serious,and hard working, you can surely be included in the group of winners.

HOW TO SELECT STOP LOSS AND TAKE PROFIT ON METATRADER4 TRADING PLATFORM

Metarader4 is currently the most widely used forex trading platform. We already know the roles of stop loss and take profit in trading forex. In metatrader4 forex trading platform we can select the stop loss and take profit easily. To learn it please follow the images below.
metatrader4.com
To select the stop loss and take profit level, just click the right button of the mouse on the order listed in the order list, then click on the modify or delete order menu. A new window will be open as the image below.
metatrader4.com
From the above window the stop loss and take profit can be chosen. Some brokers will not allow you to put a stop loss and take profit as you want, so follow the instruction shown at the bottom of the window.