How to set MT4 bitcoin stop loss
it refers to that in the transaction of financial procts or financial derivatives, investors preset a stop loss order, and when the market price reaches the trigger price set by the trader, the open position will be automatically cleared; To put it simply, it is the order formed by executing the stop loss order
in real trading, investors usually execute psychological stop loss price, and do not often issue stop loss orders in the system (on the one hand, there are not many stop loss orders in China's futures trading market software, on the other hand, there are problems of operating habits). For example, after the comprehensive research of technical analysis and judgment and other aspects, we believe that if the yellow soybean No. 1 contract falls below 3800, it will fall even lower, or feel that when it falls below 3800, the possibility of rising back is too small. At this time, investors will execute the stop loss order and form a stop loss order.
There are two ways to set the stop loss and profit on the MT4 platform of Foreign Exchange Trading:
1. In the window of creating a new order, you can manually enter the stop loss and profit price you want to set< br />
the last digit of the price is the number of points. For example, the price of EUR / USD is 1.3732, and if the price rises to 1.3752, it will rise by 20 points
I don't know what window you are referring to.
I suggest you open the MT4 platform to use the demo, and then watch the video while you operate
in this way, the basic operations are clear.
Set the stop loss method of MT 4 mobile version: open the software, select the order, there are two options in the order page, green stop profit on the right, red stop loss on the left, open the red button
The key to stop loss operation is not to take chances, but to carry out it to the letter. Some foreign stock markets allow "stop loss order", that is, in the case of holding a stock, such order can be issued:1
If "stop loss order" is allowed, the best way of stop loss operation is to place the stop loss order at the first time (i.e. immediately after confirming that the stock has been bought) At present, the domestic stock market is not allowed to place stop loss orders, which depends on our will and discipline to complete the stop loss operation< br />-
first, double-click to open the MT4 software on the desktop, and then click a currency type you want to buy and sell
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stop profit: when you do something (for example, short the dollar / Swiss Franc) and the price goes in your favor (when the dollar depreciates against the Swiss Franc), your book is profitable, but only on the book. If the market reverses at this time, the profit will be less and less, and the final loss will be less and less. In order to cash the book profit, we need to close the position to stop the profit. Profit stop can be closed manually or preset. The profit stop order is a price limit order. When the price reaches your limit, it will automatically become a market price order and immediately close your position according to the market price
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stop loss: similarly, after the operation, the same as the above example, the appreciation of the US dollar, the depreciation of the Swiss franc, the direction of price change is unfavorable to you, and the book loss. At this time, in order to control the risk and prevent the unlimited expansion of losses, it is necessary to stop losses and retain the strength to carry out subsequent transactions. It's still time to close out. Stop loss can be stopped manually or by pre setting stop loss order. Stop loss order is also a limit order. When the price reaches your limit, it becomes a market order to close the position
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in addition, we will see the concepts of "profit stop" and "tracking stop". For example, when I plan to make $100 to stop earning, when the price fails to break through several times at $85, there is a sign of reversal. At this time, I should adjust the previous stop loss (for example, when the loss is $30) to the stop loss when the profit is $75, so as to prevent the original profit from turning into loss when the profit expectation cannot be met, Part of the profits. Tracking stop loss MT4 foreign exchange trading software also provides a similar function, which is more automatic and convenient. The mechanism is the same as the profit stop loss, that is, when the price is developing in your favor, you can bring the stop loss up in MT4 foreign exchange trading software. For example, a stop loss of $30 and a Book profit of $20 mean a stop loss of $10, a Book profit of $50 and a stop loss of $20. However, when the price goes down, the stop loss is not pushed down. That is to say, when the book profit is $50, the market reverses, and your stop loss is still in the position of $20, When the price is reached, the position will be closed automatically. At the end of the day, you'll make at least $20, which is safer. The latter is more convenient and has a high degree of automation. But for experienced professionals, manual operation may be more helpful to profit. But relative to some of our ordinary people, it is better to set up a reasonable profit and loss stop
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there are risks in the foreign exchange market, so we should be cautious when entering the market< br />
modify the order
and then stop profit and stop loss
of course, how to set it is a technical activity, which needs to be set in combination with the current market, and then there is your risk control ability and trading preference.
2. Stop tracking settings:
1. How to set stop tracking in MT4:
select a list, right-click, and the following dialog box will pop up. Select the number of stop tracking you want
2. Stop loss tracking can be set at the time of registration: right click to select the number of stop loss tracking points
3. A stop tracking list will only be executed if it is profitable:
if you set a 50 point stop tracking list, when your profit exceeds 50 points, the stop will automatically become your opening price, and when you make a profit of 60 points, the stop will also move forward 10 points
in short, the stop loss position will move forward in the direction of your profit, and keep the distance from the 50 point of the biggest profit. It will not be adjusted back or irreversible. If you set a 70 point tracking stop, it is the 70 point distance)
4. Tracking stop can only be executed when the software is opened
if you shut down the software, the tracking stop will stay at the stop price determined at the moment you shut down the software That is to say, the tracking stop loss will be invalid.)
select the list, click on the right, you will pop up the following dialog box, select the stop you want to track
2. It can be set when the stop is finished. Right click God and select tracking stop
3, create a list at the end of the stop only in the case of profit will be implemented:
if you set a 50 point tracking stop, won more than 50 points, when you stop automatically become your price open, when you profit 60 points, stop must move forward 10 points
in short: stop bit will keep the price of 50 points on the direction of your income, keep the distance and maximum profit forward, will not be adjusted and irreversible If you set tracking stop loss (70 points, 70 points)
4. Tracking stop loss can only be realized in open software
if you shut down the software, it will continue to lag behind the time when you stop closing the software and the stop loss price is determined That is, tracking stop loss will fail.