Help with placing orders

Hello All,

I’m a complete newbie and am enjoying learning the FX market in my demo account. As I finalize what trading strategy I want to use, I find that I want to leave 1/2 my position and let the rest ride. Question is what kind of order do I use to set this up?

Thanks in advance for any help with this…

Depends upon which platform you are using.

But the principle is if you are long set an order to go short & viceversa,
for half of your position, at a specified level.

I am using FXCM as my trading platform. I guess my question is do I use an OCO order, Limit order etc…

Depends on what triggers taking part of the position off. You could do it manually, of course. You can also use a limit order.