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Start Trade Forex Chapter 3

Start Trade Forex Chapter 3

Equity

Is the total amount at the present time, which shows the sum of the current additions or negatives that we have left the total balance. The total sum of Eqity will be the sum that is already included with the credit or bonus, so every trade should be calculated and managed well.

Take Profit

TP stands for Take Profit, which means “take profit”. TP defines a target point in each of our trades. That when we open order, we want to make a profit to what level, where, where, when we set it up so we don’t have to sit and watch the screen. You can set it up when you open an order.