Contingent Orders

Trading Basics

Contingent Orders

These are orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.

Other Trading Basics

Closing Trade

A trade to close a position. Most trading requires the trader to place the opposite trade to that done when opening their position.

This will crystallise the profit or loss.

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Learn the skills needed to trade the markets on our Trading for Beginners course.