InvestorHubFx Trade Manager – Online Trading Platforms | CFDs and Forex Markets | InvestorHubFx

Fixed Lot Trade Manager

marketing.team — Sat, 29 Oct 2022 02:26:58 +0000

Fixed lots are used when you want to use the same lot size for your trades. The video below shows you how to use the trade manager using the fixed lot feature.

Traders often use a fixed lot size when they know the trade strategy requires the same lots each time they trade. Often the stop loss will also need to fluctuate in order to maintain a consistent risk level.

InvestorHubFx Trade Manager Simple Function

marketing.team — Sat, 29 Oct 2022 02:09:18 +0000

To use the InvestorHubFx Trade Manager simple function, check out the below video.

The simple trade manager allows you to select the lot size, the SL points (distance away from the entry in points) as the stop loss level, and TP points (distance away from entry) as the take profit level.

You will see the levels visually on the chart and the profit and risk will adjust in the display panel before you enter the position. Once the trade is at the risk and targets you want, you can press trade.

Trading with the simple trade manager makes it easy to adjust and visualize your trades without needing to calculate everything before hitting the button on your trade and having to adjust after the fact.

InvestorHubFx Trade Manager Fixed Stop Loss

marketing.team — Sat, 29 Oct 2022 02:09:06 +0000

The fixed stop loss feature can be used when you are trading with a fixed stop loss. For example, when you know how far the stop loss should be, this tool is for you. Check out the video below to see it in action.

A fixed stop loss is often used when a trader is looking to use the same stop size (distance of the stop loss from the entry price). For example, when a trader knows the distance of the stop is going to be 350 points, they would use the Fixed Stop Loss tool to work out their trading requirements. The lot size will then adjust based on the risk percentage and the fixed stop loss position.

What is the Trade Manager?

marketing.team — Fri, 28 Oct 2022 00:23:46 +0000

The Trade Manager is an expert advisor (EA) that allows you to plan your trade in terms of risk and profit targets, knowing the estimated profit and loss before entering the position.

The benefit of the trade manager is that rather than estimating where your stops and targets, or calculating them in your head or manually, you can actually see the automatic estimation based on the intended stop and target.

Put simply, you drag your stop level and target level to where you want it to be on the chart, and the trade manager shows you the anticipated dollar value of those levels.

This makes it easier to trade in line with your risk management policy and ensure your volume and stops are in the correct position BEFORE you enter the trade. Too many times, in the heat of trading do people enter a position thinking the stops are closer than they need to be, then moving them to the right position and amping up their risk beyond their original expectation. The Trade Manager allows you to map out the trade with your levels and understand the actual risk before hitting the button.

If you are serious about trading, and serious about risk management (the two go hand in hand), then you need the Trade Manager.