LONDON, January 19, 2012 /PRNewswire/ --
Vantage FX UK (http://www.vantagefx.co.uk/) provides its clients with Forex Strategy Builder, a piece of software designed to help users create trading systems for a range of foreign exchange pairs.
Forex Strategy Builder features risk management tools to help traders minimise their losses and maximise their gains. Read on to find out more about how to get the best out of basic stop losses, trailing stop limits, day/night stop losses and reversal stops.
Basic Stop Loss
The default setting on the Forex Strategy Builder is the basic stop loss. This parameter allows the user to specify a level at which they wish to close their trade. The basic stop loss can be set at the outset of a trade and adjusted as activity progresses.
Trailing Stop Limit
The trailing stop limit allows the user to lock in gains by sliding the stop loss higher when a trade becomes more profitable. In effect, if a trade is moving in the trader's favour, the system will keep raising the stop trigger until the trade turns negative. At this point the trailing stop limit will lock in at the current level, and immediately close the trade when activated.
Day/Night Stop Loss
The day/night stop loss allows the online forex trader to set a stop out level or time on a trade. The time could be set to go off each day at a specific session time or period, or could be utilised for one-off scenarios. This stop loss can also help traders to manage overnight positions and weekend holds.
Reversal Stop
When a trader sets his or her stop loss levels, they can also choose to close a position if a reversal signal is found. This is known as a reversal stop. For example, if a position is opened because the moving average indicators meet the set conditions or trading guidelines, then the position can also be closed if the system generates an opposite position.
Learn more about Forex trading with Vantage FX UK at:
http://www.vantagefx.co.uk/get-trading/demo-account/
Trading derivatives and Forex carries a high level of risk to your capital and you should only trade with money you can afford to lose. Forex trading may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
About Vantage FX UK
Vantage FX UK is an internationally recognised currency trading broker based in the City of London, providing foreign exchange trading services to clients in the UK, the EU and the rest of the world.
What sets Vantage FX apart is its wide range of services and outstanding level of customer support. The company strives to provide an intuitive, interactive Forex experience by continually innovating and taking advantage of the latest trading technology, such as MetaTrader 4 and Expert Advisors.
Vantage FX also offers extensive educational resources to help give traders their edge, keep up with daily market commentary and try a currency trading demo account. For further information, visit http://www.vantagefx.co.uk/
SOURCE Vantage FX UK
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