How to trade
How to Use the Stop Limit Function
A stop-limit order will execute at a given price (the limit price) when the stop price becomes active.
Once the market price has hit the stop price, the stop-limit order becomes a limit order to buy or sell at the given limit price. This order type allows you to set good entry and exit points for your trades.
The key to stop-limit orders is wisely choosing the limit price and the stop price. In general, the stop price should be set below the limit price for buy orders. For sell orders, the stop price should be set above the limit price.
The Order History section lists the orders in rows from newest to oldest. The columns provide information about each order as follows:
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How to Place Orders on Kyrrex
To place an order on Kyrrex, go to Trade. You can place an immediate (Market) order or a pending (Limit) order.
To view the Order Entry panel, select Terminal > Order entry.
This option gives traders more control over the lifespan of an order before it expires.
This option specifies that the order, once placed, is valid during the current trading day.
Specifies that the order will remain active until executed by the market, canceled by the trader.
Specifies that the order, once placed, is valid until a given date.
Specifies that all parts of the order must be immediately filled at the specified price or the entire order must be canceled.