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Forex question WHAT IS AN ORDER?
avatar Catkathyy
Question by: Jeremy - 04 Jul 2016, 08:05:41
WHAT IS AN ORDER?
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Answers (1)
avatar user 10004
Answer by: Henry - 04 Jul 2016, 08:09:22

A trader can set an order to execute at a certain price on the asset. This is not a TRADE. The order will only execute if the asset reaches the specific price and there is enough money in the balance of the account. If there is not enough money, a gap in the market, or you have reached your total exposure, the order will not execute.

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