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Pending orders

Topic: Pending orders

Various pending orders like stoploss, trail stop or take profit, etc. are being used by the foreign currency exchange traders in order to hedge their position against risks of losing money. Nevertheless; However; to ensure the effectiveness of stop loss; trail stop or take profit; a foreign currency trader needs to trade with a reliable broker that can ensure re-quote and slippage free well-timed and fastest trade executions. In extreme situations, hedging can be used as aggressive method.

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