Forex strategies revealed | FSR Forum

Hi guys. I;m a bit confused. Are limit orders the same as the take-profit?If not,what are they?

Yes that's right, it's a price you specify you want to close the trade at to lock in a profit, should the price move the right way.
It can also be an order to open a trade at a specified price, which can be useful if you think you're not going to be around at the time to open the trade manually.

I see. Thanks