Wednesday, July 21, 2010

how to put stop limit order?

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  1. double click target product
  2. double click best bid price e.g 1342, order panel will change to red color
  3. select your trading account
  4. enter sell price (must less than last done, example 1340)
  5. enter sell quantity
  6. select StopLimit order type
  7. select valid for day only
  8. enter sell stop limit price(must less than or equal to sell price, example 1340 or below)
  9. enter trading pin
  10. click sell button to submit sell order and check your order status


*if client A long 1 fkli @ 1345 and his risk is 5 pts, he can put a protective order as follow:
  • sell price @ 1340
  • stop limit @ 1340
  • valid for day only
if market fall to 1340 and client A sell stop limit order is triggered and done, his will loss 5 points.

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