An order's time-in-force option determines the time frame in which the order would execute. There are four different time-in-force options you can choose from within the Entry Order or Market Order window in Trading Station: Day – activates your Entry Order…
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When trading with an FXCM Trading Station account, you have many order options available to you: Market Range: When your strategy is sensitive to price execution. With Market Range, you determine a comfortable range of prices in pips where your order…
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Users are also allowed to place their own contingency order type. This is an order that is in some way linked and ‘contingent’ on the triggering of another order. The options that clients have as it comes to contingent orders…
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Stop and limit orders are placed from the "Open Positions" window based on the total amount of positions per symbol. To place a stop or limit order: From the "Open Positions" window, right click on the positions for the symbol…
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Stop and limit orders are placed from the "Open Positions" window based on the total amount of positions per symbol. To place a stop or limit order: From the "Open Positions" window, right click on the positions for the symbol…
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A stop entry order is an order to buy above the current market price with a long trade or sell below the current market price with a short trade. To place a stop entry order in Trading Station, please follow…
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What is a Contingent Order type? Users are also allowed to place their own contingency order type. This is an order that is in some way linked and ‘contingent’ on the triggering of another order. The options that clients have…
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Your strategy may require you to cut losses at a certain point. Stop orders execute similarly to Stop entry orders, but get you out of the market, rather than in. Stop Orders guarantee execution, but not a particular price. To…
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A trailing stop is a stop that adjusts to a more favorable rate as the trade moves in a trader's favor. The amount the stop moves depends on the type of trailing stop and what the trader sets it at.…
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A limit entry order is an order used to buy below the current market price with a long trade or sell above the current market price with a short trade. To place a limit entry order in Trading Station, please…
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This an order placed to enter a trade at the current market rate. To place an Open Market order in Trading Station, please follow the steps below: From the Dealing Rates window, left click on the Sell or Buy price…
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A Close Range order functions exactly like an Close Market order with the added benefit of allowing traders to set an “acceptable” range at which they would like to be filled. Close range orders are ideal for limiting negative slippage.…
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