How does First National Forex Manage Risk?
The most common risk management tools in FX trading are the limit order and the stop loss order. A limit order places restriction on the maximum price to be paid or the minimum price to be received when entering a position. A stop loss order is placed to close a position when a pre-determined price is reached. Even though because of the tremendous liquidity this market offers giving us the greatest execution of any market we are never guananteed fills.