How to place a Trade

 A Market Order is defined when a trader places a trade at the current price of the market.

A Market Order can be place as a Buy or a Sell Order. 

 

Market Buy

A Market Buy is entered in at the market price plus the value of the spread.

A Market Buy is placed for an order that is predicting that the rate of the instrument is to increase.

Market Sell

A Market Sell is entered in at the market price minus the value of the spread.

A Market Sell is placed for an order that is predicting that the rate of the instrument is to decrease.

 

How to Place a Market Order.

Market orders can be placed from several locations from the chart.

Placing a Market Order from the Trading Panel.

Step 1

Expand the right Trading Panel.

Step 2

Confirm correct instrument is defined as the instrument that you wish to trade.

Step 3

Set Lot size to the correct amount desired to trade.

Step 4

Confirm correct account or accounts are selected for the trade.

Step 5

Select Buy or Sell

Step 6

A Confirmation will display confirming the order request. Select OK to confirm if order is correct.

Step 7

A trade will enter in at the defined price point.

  • If the trade executes properly a notification will confirm the trade.

  • A line will display on your chart representing an opened order.

The order info panel will have a trade with an individual ID that will appear on the SmartTrader Positions tab located in the bottom panel and will continue to track the profit of the order.

Placing a Market Order from the Widget

Step 1

Open trading widget by clicking trading widget icon located in the top right of the trading panel.

Step 2

Confirm correct instrument is defined as the instrument that you wish to trade.

Step 3

Set Lot size to the correct amount desired to trade.

Step 4

Confirm correct account or accounts are selected for the trade.

Step 5

Select Buy or Sell

Step 6

A Confirmation will display confirming the order request. Select OK to confirm if order is correct.

Step 7

A trade will enter in at the defined price point.

  • If the trade executes properly a notification will confirm the trade.

  • A line will display on your chart representing an opened order.

The order info panel will have a trade with an individual ID that will appear on the SmartTrader Positions tab located in the bottom panel and will continue to track the profit of the order.

Placing a Market Order from the right click menu.

Step 1

Right Click on chart that is desired to be traded.

Step 2

Select ‘Place Order’

Step 3

Confirm you have the Market tab selected at the top for Market Orders.

Step 4

Select radial Button for Buy or Sell

Step 5

Confirm correct symbol is selected.

Step 6

Enter Lot size to the correct amount desired to trade.

Step 7

Confirm correct account or accounts are selected for the trade.

Step 8

Select Place Order when completed.

Step 9

A Confirmation will display confirming the order request. Select OK to confirm if order is correct.

Step 10

A trade will enter in at the defined price point.

  • If the trade executes properly a notification will confirm the trade.

  • A line will display on your chart representing an opened order.

The order info panel will have a trade with an individual ID that will appear on the SmartTrader Positions tab located in the bottom panel and will continue to track the profit of the order.

Placing a Market Order from the Trade Menu.

Step 1

Select the Trade Menu located in the top right corner of smarttrader.com/charts.

Step 2

Select ‘Place Order’

Step 3

Confirm you have the Market tab selected.

Step 4

Select Buy or Sell

Step 5

Confirm correct instrument is defined as the instrument that you wish to trade.

Step 6

Set Lot size to the correct amount desired to trade.

Step 7

Confirm correct account or accounts are selected for the trade.

Step 8

Select Place Order when complete.

Step 9

A Confirmation will display confirming the order request. Select OK to confirm if order is correct.

Step 10

A trade will enter in at the defined price point.

  • If the trade executes properly a notification will confirm the trade.

  • A line will display on your chart representing an opened order.

The order info panel will have a trade with an individual ID that will appear on the SmartTrader Positions tab located in the bottom panel and will continue to track the profit of the order.


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