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Trading With Limit Orders

  • #361
  • Jan 18, 2011 11:22pm Jan 18, 2011 11:22pm
Quoting shstevens
Hi,

Related to this, does anyone know a reliable platform or service in which you can enter price alerts and receive a text or e-mail that w/help with enter/exiting trades.

thanks for any suggestions
I use dealbook 360 software with GFT Forex. They do sms and email alerts.
  • #362
  • Jan 19, 2011 1:54am Jan 19, 2011 1:54am
Quoting stelty
I use dealbook 360 software with GFT Forex. They do sms and email alerts.
but they are missing out the most important trading tool
volume!

without it u cant analyse the market
  • #363
  • Jan 19, 2011 12:23pm Jan 19, 2011 12:23pm
Testing a strong level....
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  • #364
  • Apr 15, 2011 4:39pm Apr 15, 2011 4:39pm
franklin,
I keep getting burned when i set limit orders and leave them for the day. They never go through and i miss my mark. How can i attempt to fix this? I am tradkign pk and otc so they dont work as quick as the rest of the market. Any help from anyone would be greatful. On a side note Im on Ohio also, cleveland
  • #365
  • Last Post: Jun 20, 2011 6:50pm Jun 20, 2011 6:50pm
Quoting kracker
franklin,
I keep getting burned when i set limit orders and leave them for the day. They never go through and i miss my mark. How can i attempt to fix this? I am tradkign pk and otc so they dont work as quick as the rest of the market. Any help from anyone would be greatful. On a side note Im on Ohio also, cleveland
What it do tho

Yep setting limit orders and leaving them unattended is an excellent way to get burned

I trade in almost the same way these days with one major difference: confirmation.

When I started this thread I could only trade from my computer, and have since continued setting price alerts using dailyfx (link at beg of thread)

In my alerts I include stop loss location and position size. Doing it like this (waiting for confirmation) is so much better.

By confirmation I mean price action. I also watch volume.
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