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Case study: ProRealtime order manager key features
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ProRealtime Order Management Key Features
This button allow the trader to trade directly from the chart
Trading panel
Trading panel where you can chose:
- the order type - the number of contracts/lots- where and how tomake the trade
Order types
(1) Market Order - MKT
BUY SELL
(2) Limit Order - LMT
Depending of the direction of the price,it will be a BUY or a SELL. Can be set uphorizontally or in a oblique line
(3) Stop Order - STP
Depending of the direction of the price,it will be a BUY or a SELL. Can be set uphorizontally or in a oblique line
A market order is placed and executed
The horizontal line represents the level/price
Number of contracts and real time P/L
The blue line represents the time frame of the trade
1 contract at 3 772.50
Real time P/L
The MKT’s been executed, a LMT and a STP are placed(they are not related to the MKT)
The MKT’s been executed, a LMT and a STP are placed(they are not related to the MKT)
If the price is out of the sight, the line curves and the info stays withinthe sight
To close the trade, just press the cross
Three choices:
Close the open positionAND the waiting orders
Just close the openposition Cancel
Other ways to do a trade
Trailing STP
Two orders are placed butone cancel the other
The first order is placed,once executed, the secondis placed
Bracket orders