2. You can enter the foreign exchange markets at the market or deal rate (this is often known as a Market Order). Or entry at a future rate this is known as a Stop (often known as a Stop Loss) or Limit Order
3. Placing orders in the Forex FX Market is much easier, returns far better results and has many more opportunities and variations on the order placed.
4. When you wish to enter into a trade you simply execute a buy or a sell market order. To either limit the loss of the position that has opened (in which case set a stop order) or wish to enter a trade - but at a rate that is more attractive than the current market in which case place a limit order.
5. With trading Forex a trader can set a Stop Loss which sells at a slightly lower price And the Trader can set a Limit Order to sell at a predicted higher price. Both types of orders are executed automatically