Limit Order
A limit order places an order at a specified price.
To place a standard limit order:
Order Form → Limit tab
Quantity → Value greater than 0
Price → Enter a limit price
Action → Select Buy / Long or Sell / ShortLimit
Post – Ensures the order is placed as a maker. If the order would execute immediately, it is cancelled.
Reduce – Reduces an existing position when executed. Requires an open position.
Cond. – Creates a conditional order using a trigger price. The limit order is placed only after the trigger price is reached.
TP/SL – Sets a take profit and or stop loss after the order is executed.
Market Order
A market order executes immediately at the best available price.
To place a standard market order:
Order Form → Market tab
Quantity → Value greater than 0
Action → Select Buy / Long or Sell / Short
Market Order Toggles:
Reduce – Reduces an existing position when executed. Requires an open position.
Cond. – Creates a conditional market order using a trigger price.
TP/SL – Sets a take profit and or stop loss after the order is executed.
Conditional
A conditional order is triggered when the market reaches a specified price.
To place a conditional market order:
Order Form → Market tab
Cond. → Enabled
Trigger Price → Enter the desired trigger price
Action → Select Buy / Long or Sell / Short
Once the trigger price is reached, the market order is executed automatically.
