order ticket This is a topic that many people are looking for. newyorkcityvoices.org is a channel providing useful information about learning, life, digital marketing and online courses …. it will help you have an overview and solid multi-faceted knowledge . Today, newyorkcityvoices.org would like to introduce to you How to trade using our Order Ticket – CMC Markets Next Generation. Following along are instructions in the video below:
“Tickers. Placing a trade you can open an order ticket to buy and sell products products by clicking on any streaming price throughout the platform from the product library. Your lists quote panels any charts you have open and even from your account section of the platform. If you think the price is going to go up click on the buy price.
If you think the price is going to go down click on the sell price in this example. We will by clicking on the price launches. An order ticket the order ticket clearly displays the product name the selling by price. The daily low and high price levels.
The real time spread and the direction of the trade you can swap the direction of the trade easily by clicking the relevant biol sale price box first of all you need to choose your position size you can specify this in units or amount let s use units in this example then hit return the amount of money required for margin is displayed here you can select either a market order. Which executes to trade on the current market price or choose a limit or stop entry order to execute a trade at a specific target price. Each limit or stop entry order is set to open ended. Unless you specify an expiry date.
The price later who want to place larger than normal trade sizes. These are trait sizes that are larger than those available at the first level. This is covered in more detail in a separate video stop losses can be set at a specific price level by an approximate amount of money you would like to risk or by a points distance away from the current market price you can choose between using a regular stop loss trailing stop loss or guaranteed stop loss order trailing stops trail behind your open position by a set number of points. Only if it moves into profit guarantee stop loss orders work the same as regular stop losses except they guarantee to close our trades at the price specified regardless of volatility or gapping.
There is a small premium paid when placing a guaranteed stop loss order you can add a take profit order. Which you can set by target price or an approximate amount of money you would like to gain from the position. You can also view an amend risk management directly from a chart by clicking this icon. You can see the current market price and set the potential take profit and stop loss orders from here.
This can allow for more effective risk management. Placement. As you can compare your stop loss. And take profit to historical price action.
If you are ready to place your trade click confirm to execute. It once your trade is live you can see it updating in real time in your account. Window trades are listed by product name showing the direction of the trade. The number of units traded and your real time profit or loss.
You can also edit an ad stop loss or take profit orders. Here and close out of the position quickly right. Here you can further customize your order ticket in the preferences section. Say previous position size by product and set predefined levels for stop loss limit and take proper orders for all subsequent tickets.
It s possible to do this across a particular asset type or just for specific products. The choice is yours. ” ..
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