Order Types - forex paper trading app

Selasa, 29 Maret 2016

Order Types ~ forex paper trading app


Order Types

Buy Market

Attempt to buy at the best available Ask price.

Buy Limit

Attempt to buy at the price you specify or better. This type of order should be placed below the current Ask price.

Buy Stop

Attempt to buy at the price you specify. Once the Ask price touches or goes through this buy stop order, it becomes a market order and filled at the best available price. This type of order should be placed above the current Ask price.

Sell Market

Attempt to sell at the best available Bid price.

Sell Limit

Attempt to sell at the price you specify or better. This type of order should be placed above the current Bid price.

Sell Stop

Attempt to sell at the price you specify. Once the Bid price touches or goes through this sell stop order, it becomes a market order and filled at the best available Bid price. This type of order should be placed below the current Bid price

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