How To Trade CFDs With HotForex: Managing A Position
  1. How To Trade CFDs With HotForex: Introduction
  2. How To Trade CFDs With HotForex: What's A CFD?
  3. How To Trade CFDs With HotForex: Placing An Order
  4. How To Trade CFDs With HotForex: Managing A Position
  5. How To Trade CFDs With HotForex: Closing A Position
  6. How To Trade CFDs With HotForex: Conclusion

How To Trade CFDs With HotForex: Managing A Position

All positions that are currently live can be seen under the Trade tab. If the Trade tab is not visible, you can open the window by clicking View on the main menu and selecting "Terminal." The Trade tab is located within the Terminal.

\'By
Figure 6: By right clicking on a current position the stop loss or profit target can be altered by selecting "Modify or Delete Order." Adjust the criteria and hit enter to update the stop or profit target.


It is also possible you may have pending positions where an order is live but has not been filled by the market. These pending positions will also show up in the Trade tab. Pending positions will show less information than live trades because the order has not been executed yet. To alter a pending position/order, right-click and select "Modify or Delete Order."

How To Trade CFDs With HotForex: Closing A Position

  1. How To Trade CFDs With HotForex: Introduction
  2. How To Trade CFDs With HotForex: What's A CFD?
  3. How To Trade CFDs With HotForex: Placing An Order
  4. How To Trade CFDs With HotForex: Managing A Position
  5. How To Trade CFDs With HotForex: Closing A Position
  6. How To Trade CFDs With HotForex: Conclusion
Related Tutorials
  1. No results found.
RELATED TERMS
  1. Tax Anticipation Bill - TAB

    Unique bills sold at a discount and maturing within 23 to 273 ...
  2. Bracketed Buy Order

    A buy order that is accompanied by a sell limit order above the ...
  3. Break Fee

    1. A fee paid by a target company to bidders (during an acquisition) ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop ...
  5. Voluntary Plan Termination

    The discontinuance of a defined benefit plan by an employer. ...
  6. With Discretion

    A type of limit order that can be modified by a floor broker ...
RELATED FAQS
  1. What is the difference between a buy limit and a stop order?

    Learn the difference between buy limit orders and stop orders, including stop loss orders, and understand the risks of the ... Read Answer >>
  2. What is the difference between a stop order and a stop limit order?

    Learn the differences between a stop order and a stop limit order. Traders use these as stop losses and regular investors ... Read Answer >>
  3. What's the difference between a stop and a limit order?

    Different types of orders allow you to be more specific about how you'd like your broker to fulfill your trades. When you ... Read Answer >>
  4. What types of investors are best-suited for stop loss orders?

    Use a stop-loss order to mitigate downside risk. Whether you are a conservative beginner or a seasoned day trader, a stop ... Read Answer >>
  5. What is the difference between a stop and a market order?

    Learn about market orders and stop orders, how they are used and executed, and the main difference between stop orders and ... Read Answer >>
  6. How do I set a strike price in foreign exchange trading?

    Learn about the different order types foreign exchange traders can use to manage positions at certain strike prices and how ... Read Answer >>
Hot Definitions
  1. Labor Market

    The labor market refers to the supply and demand for labor, in which employees provide the supply and employers the demand. ...
  2. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  3. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  4. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  5. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  6. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
Trading Center