This is Jeff from Simple 4X Systems.
Did you know that most professional traders refuse to trade using the MT4 platform?
And do you know why?
It’s because the MT4 platform requires traders to use a multi-window, multi-step process to close out their trades.
They used to require the same steps to even OPEN a trade but finally broke down and added the One Click entry option a couple of years back.
But to exit a trade (arguably the most important step in securing profits or limiting losses)?
You still need to open the Terminal window. Then you need to locate the trade you want to close. Then you need to center your mouse on the smallest “x” they could possibly build into the platform. Then, after clicking the “x” you get to wait and see how long it takes the platform and broker to process your request.
In the meantime, if price action is jumping, you could be watching what was a solid win in terms of pips dwindle down to nothing while you wait to get out of your trade.
There are alternative ways to close the trade within the platform but they still require multiple steps to make it happen.
That is why professionals use every other platform BUT the MT4.
But that all changes effective right now!
Introducing the MT4 Chart Trader.