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At all times trader may execute a new trade where it is made possible for the trader to choose between the variations of existing Order Types and Trade Actions: Market Order – Buy Market Order – Sell Entry Limit Order – Buy Entry Limit Order – Sell Entry Stop Order – Buy Entry Stop Order – Sell
NEW ORDER SCREEN
Market OrderExecutes the trade at the current market price In order to execute the trade, please perform the following: - In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Select or your phone middle selection key
- You will be automatically rerouted to the New Order screen
RATES SCREEN
- Once selected, you will prompted to choose the trading action from the New Order screen: Buy or Sell this particular currency
- Scroll to preferred action (in this case Buy)
- Using the phone left selection key press Select to confirm this action
- Once the type of trading action is selected (Buy / Sell) you will be automatically prompted to choose an Order Type as well from the Order Type screen
- Scroll to the required type of Order (in this case Market Order)
- Using the phone left selection key press Select to confirm this action
MARKET ORDER SCREEN
- Once confirmed you will be redirected to the Market Order screen
| Displayed Fields: | | Buy / Sell: | Specifies Instrument’s trading actions | | Price: | Current price | | Base Instrument: | Account base currency | | Account: | Number of the account
| | Lot: | Traders enter the number of lots / mini lots | | Trader Range: | Trader's range |
- Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key
- Select the trading account with which this order should be associated
- Using the 4-way navigation keys scroll down to the Amount field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots required is 1
- When required fields are filled in press OK to confirm
MARKET ORDER SCREEN
- When confirmed the program will take you back to the Rates screen
- You may view this trade in the Positions screen of Thunder Mobile Trading System
Entry Limit Orders This type of orders usually aims at future opening positions when the market price reaches the level higher than the current market price. NOTE: Both Entry Stop/ Entry Limit Orders are executed only when the market value of an Instrument (Currency) reaches the predefined by the trader financial level.In order to execute the trade, please perform the following: - In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Select or your phone middle selection key
- You will be automatically rerouted to the New Order screen
RATES SCREEN
- Once selected, you will prompted to choose the trading action from the New Order screen: Buy or Sell this particular currency
- Scroll to preferred action (in this case Sell)
- Using the phone left selection key press Select to confirm this action
- Once the type of trading action is selected (Buy / Sell) you will be automatically prompted to choose an Order Type as well from the Order Type screen
- Scroll to the required type of Order (in this case Entry Limit Order)
- Using the phone left selection key press Select to confirm this action
ORDER SCREEN
- Once confirmed you will be redirected to the Entry Limit Order screen
| Displayed Fields: | | Buy / Sell: | Specifies Instrument’s trading actions
| | Base Instrument: | Account base currency | | Account: | Number of the account
| | Lot: | Traders enter the number of lots / mini lots | Your price:
| Must be lower or equal to current price
| | Price: | Current price
| - Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key
- Select the trading account with which this order should be associated
- Using the 4-way navigation keys scroll down to the Amount field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots required is 1
- Using the 4-way navigation keys scroll down to the Price field, enter by pressing the middle selection key and set the numbers you think fit best.
- Once required fields are filled in press OK function to confirm this action
ENTRY LIMIT ORDER SCREEN
- When confirmed the program will take you back to the Rates screen
- You may view this trade in the Orders screen of Thunder Mobile Trading System
Entry Stop Orders
This type of orders usually aims at future opening positions when the market price reaches the level, lower than the current market price.
NOTE: Both Entry Stop/ Entry Limit Orders are executed only when the market value of an Instrument (Currency) reaches the predefined by the trader financial level.
In order to execute the trade, please perform the following:
- In the Rates screen navigate towards an Instrument (Currency) you would like to trade and simply press Select or your phone middle selection key
- You will be automatically rerouted to the New Order screen
RATES SCREEN
- Once selected, you will be prompted to choose the combination of Trading Action and Order Type from the New Order screen.
- Scroll to preferred action
- Using the phone left selection key press Select function to confirm this action
- Scroll to the required type of Order (in this case Entry Stop Order)
- Using the phone left selection key press Select to confirm this action
ENTRY STOP ORDER SCREEN
- Once confirmed you will be redirected to the Entry Stop Order screen
Displayed Fields:
| | Buy / Sell: | Specifies Instrument’s trading actions
| | Base Instrument: | Account base currency | | Account: | Number of the account
| | Lot: | Traders enter the number of lots / mini lots | Your price:
| Must be higher or equal to current price
| | Price: | Current price
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- Using the 4-way navigation keys scroll to the Account field and enter, by pressing the middle selection key
- Select the trading account with which this order should be associated
- Using the 4-way navigation keys scroll down to the Amount field, enter by pressing the middle selection key and set the number of lots. Minimum Amount of lots required is 1
- Using the 4-way navigation keys scroll down to the Price field, enter by pressing the middle selection key and set the numbers you think fit best.
- Once required fields are filled in press OK function to confirm this action
ENTRY STOP ORDER SCREEN
- When confirmed the program will take you back to the Rates screen
- You may view this trade in the Orders screen of Thunder Mobile Trading System
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