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Market Skill-Builder
Financial Markets & Financial Software The Skill-Builder for Financial Trading - Financial Training Software.

Entering & Tracking Trading Orders

The "Trading" Menu.

The Trading Menu

The individual Commands, associated Tools and Hot-Keys are shown below together with relevant notes and explanations where appropriate.

Note: An order-entry demonstration (41kb animated gif) can be seen here : Go there


Market Order Command     Market Order Tool     M

Opens the Market-Order Dialog-Box, into which the trader enters the order quantity:

Market Order Dialog-Box Drop-Down Quantity-Selection List
Notes:
Buy-Stop Command     Buy-Stop Tool     U

Opens the Buy-Stop Order Dialog-Box, into which the trader enters the order quantity and Price:

Buy-Stop Dialog-Box
Notes:
Sell-Limit Command     Sell-Limit Tool     S

Opens the Sell-Limit Order Dialog-Box, into which the trader enters the order quantity and Price:

Note: Operation of this command is essentially the same as for Buy-Stop Orders, except that only 1 point of slippage is standard for limit orders and instead of the order being triggered by the price moving up to a worse purchase-price it is triggered by the price moving up to a better sales-price.


Buy-Limit Command     Buy-Limit Tool     B

Same as Sell-Limit, in reverse.


Sell-Stop Command     Sell-Stop Tool     E

Same as Buy-Stop, in reverse.


Cancel All Orders Command     Cancel All Orders Tool     C

Cancels all open unfilled Limit and Stop orders (see Order Delay Explanation for details of when such cancellation becomes effective).


Review Prices Command Review . . . Tool R Opens a dialog-box containing High / Low / Last price-infomation
Review Results Command . Review . . . Tool . Q Opens a dialog-box containing trading-results information
Review Last Fill Command Review . . . Tool F Opens a dialog-box containing details of the last trading-order filled


Order-Confirmation Procedure toggle     Options Tool     J

Enables / disables the order confirmation procedure, if ON the program displays the confirmation dialog-box and requires confirmation or cancellation every time an order is entered (analogous to a broker reading-back an order prior to executing it). If OFF the order is entered unconfirmed : it is, however, shown immediately in the "Statistics" window if displayed.

Order Confirmation Dialog-Box


Order-Execution Alert Toggle     Options Tool     K

Enables / disables the display of an order-execution report each time an order is filled. Note that if disabled program execution is still halted each time an order is filled. This option is useful if the trading statistics window has been hidden in order to maximise the chart-display area).

Order-Execution Confirmation Dialog-Box

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Financial Markets & Financial Software. The Skill-Builder for Financial Trading - Financial Training Software.