How to Set Stop Loss Commodities Trade Order in MT4 Android Commodities Phone App
How to Place SL Order in MT4 Android Commodities App
A stop loss commodity order is an order used in commodity to close an open trade if the trade moves against the trader's position by a certain number of pips.
Once the stop loss commodity order is set at a specific level, this commodity stop loss commodity order will automatically close the open commodity trade once the commodities price gets to this stop loss commodity trading order price level. Stop Loss order is used in commodity money management so as to prevent further losses if a commodity trade position is going against the direction of the trader's open trade position.
Set Stop Loss Commodity Trading Order Setting When Opening New Order in Tools Menu in MetaTrader 4 Android Commodities Mobile App
To open a new commodity order - buy or sell commodity trade use the tools menu found within the MT4 Commodities Trading Platform as shown below.
The New order button for placing a new commodity trading trade transaction is illustrated below.
How to Set Stop Loss Commodities Trade Order in MT4 Android Commodity App
Once you select the new order button as illustrated and illustrated above the following commodity trade order pop up window panel will pop-up and as a trader you can use this trade order pop up window panel to set the Stop Loss Commodity Trading Order Level for your new commodities trade transaction.
This popup includes settings for placing a new commodity trade order as well as settings for setting Stop Loss Commodity Trading Order Level.
How to Set Commodity Trading Stop Loss Orders in MT4 Android Commodity Mobile App - Set Stop Loss Commodities Trade Order on MetaTrader 4 Commodity Android Phone App
Following Stop Loss Commodity Order Settings are specified for setting and placing a new Stop Loss Commodity Trading Order:
Commodity Trading StopLoss Order - Set Stop-Loss Commodity Order, This option can be set after opening the trade, or for pending commodity orders
Open the Buy or Sell Trade by Clicking the Following Button Keys:
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at current commodities price & open new commodity order choose Buy by Market commodity order button
To Sell at current commodities price & open new commodity order choose Sell by Market commodity order button
After you open the new commodities trades use the Stop Loss Commodity Order Window Above to Set Stop Loss Commodity Trading Order for the New Commodities Trading Order
You can also get this window panel so as to modify an already open buy or sell commodity trade - To get and find this order window for a buy commodity trade, right click in the opened buy or sell commodity trade, then after that click "Modify Order" after you click on modify order button key the above order settings button key will pop up and appear and you can then set the Stop Loss Commodity Order using method explained above.
