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Similarly, for a short position that has become very profitable, you may move your stop-buy order from loss to the profit zone in order to protect your gain.
FORBES: How To Place Orders With A Forex Broker
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For a long position that has become very profitable, you may move your stop-sell order from the loss to the profit zone to safeguard against the chance of realizing a loss in case your trade does not reach your specified profit objective, and the market turns against your trade.
FORBES: How To Place Orders With A Forex Broker
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Since I worked for the Federal government for 26 years starting my own business and a non-profit organization was definitely a stretch outside my comfort zone.
FORBES: Learning from the Experts
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But volumes will fall because corporate customers will no longer need to hold accounts in several currencies, and banks will no longer be able to use the money market to profit from interest-rate differentials between euro-zone currencies.
ECONOMIST: The imminent launch of the euro is a threat to Europe��s banks
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Santander, the euro zone's biggest bank by market value, made only a tiny profit in the last three months of 2011, as it booked charges related to its property holdings in Spain.
ECONOMIST: Business this week