I am miffed

I am miffed �??

OK I just downloaded MT4 and opened a demo acc, with $3000 on a 1:100 ratio

I thought the best way to familiarize myself, was just to play around.

So I select EUR/GBP (it could have been any), but I just selected that. NOW, everywhere I read, it advises on putting in a stop loss BEFORE you actually do the trade.

So I decide I want to BUY EUR/GPB�…here is what the boxes have so far

Volume = 1.0
Stop loss box is = 0.0000 Take Profit box = 0.0000
Type = Instant execution

The following is just an example from memory

I press the BUY button �t 0,8610 (entry price)

I want to put a S/L of 35 pips from entry price (0.8575) & a Take profit at 50 pips from entry price (0.8660)

Every time I try to put these values in to the Stop loss box & Take Profit box, it won�t accept the values.
I notice that the value fields in Stop loss box & Take Profit box, have 5 zeros after decimal point.

What am I doing wrong ??

Does anyone know of online video tutorials of how to use MT4, that actually shows you how to do this?

I googled and found many sites, but none show how to enter these values.

Minted,

Try these:

Forex with Alpari (UK) - Alpari Academy Video Tutorials

Forex Trading with Alpari (US) MT4 Trading Manual - MT4 Trading Manual - MT4 Platform - Forex Basics

Clint

Thanks Clint…
BUT why could I not enter them at time of buy?

What was I doing wrong?

most likely they wanted the price not the number of pips. So if it was at 1.24405 and you wanted a fifty pip tp then it would be set to 1.24905. 30 pip s/l would be 1.24105.