4/10/2023 0 Comments Minha ordem stop some no protraderThe delayed order which is the combination of two interchangeable delayed orders “Limit” and “Stop”. If short Trailing stop order is chosen then open price will follow the market asset price only in the case of its growth. If long Trailing stop order is chosen then open price will follow the market asset price only in the case of its decrease. Such approach allows getting the beneficial price for opening the position. Since the order follows the asset price at a certain distance called “Trailing stop offset”. This type of delayed orders doesn’t have the exact execution price. Once the price reaches the “Stop price” level set in the order, the Limit order by the “Limit price” is sent. This order is the Stop order on the Limit order sending. This type of delayed orders combines the properties of two previous types. In the case of sale, the current asset price in the moment of order sending, should be higher than set in the order. In the case of purchase, the current asset price in the moment of order sending, should be less than set in the order. In general case, this is the trade order to open long or short position which turns into Market order when market reaches your specified price. In the case of sale, the current asset price in the moment of order sending, should be less than set in the order. In the case of purchase, the current asset price in the moment of order sending, should be higher than set in the order. In general case, this is an order to open long or short position opening by the price which are set by trader or better. Different types of delayed orders exist, let’s consider the most common: The risk of delayed orders is that the price can go by scenario which a trader suspected, but doesn't activate the order. This order type means that the broker will open a long or short position by conditions which are set by trader. The risk of market orders is that under conditions of high volatility or deficiency of liquidity, the price by which the position will be open, may significantly differ from the market price on the moment of order sending.įor market order sending you need to choose the corresponding item in the Order entry -> Order type list.Ģ. The price at which the trade will be performed is defined by specificity of the traded symbol, but often this is the Ask price or Bid price. This order type means that the broker will open a long or short position at the current market price. Orders are divided into two groups by execution type:ġ. In order to send the needed order type in the Protrader terminal you should open “Order entry” window and choose one of the two order types: Buy or Sell. Order which opens a short position - “Sell” is sent if the trader believes in the further decrease of the asset. Order which opens a long position - “Buy” is sent if the trader believes in the further growth of the asset.Ģ. Orders can be divided into 2 groups by side:ġ. In today’s article we’ll consider the orders which the Protrader terminal offers. Different types of orders can be applied depending on set tasks. To provide this a trader must send command to execute this or that trade operation to his broker. Types of Orders in Terminal Protrader Hey there, Protraders!Īfter holding of asset detailed analysis and determination of the entry and exit points from the position, the time of the trading strategy implementation comes.
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