Trade management

    By
    sebkuhnert
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    What is trade management?

    Trade management refers to everything a trader actively does after a trade is executed to maximise the potential profit and minimise the risk.

    Before a trade is executed, traders speak of order management.

    Also see:

    In the forex beginner strategy, the trade is managed in step 4.

    Managing trades in MetaTrader 4

    Read more about pending orders MetaTrader 4, the most popular trading software:

    Manage your trades in MetaTrader 4