Placing Trades on Our Platform
Learn how to execute different types of trades efficiently and effectively.
Why Master Trade Placement?
Efficient trade execution is crucial for capitalizing on market opportunities and implementing your trading strategies effectively.
Placing trades is a fundamental skill for any trader. Our platform offers various order types to suit different trading strategies and market conditions. Let's explore how to place the most common types of trades:
Market Orders
Market orders are executed immediately at the best available current price:
- See the movement of the asset you want to trade
- Choose "Market" as the order type
- Enter the quantity you wish to buy or sell
- Review the estimated execution price
- Click "Long" or "Short" to execute the trade
Limit Orders
Limit orders allow you to set a specific price at which you want to buy or sell:
- Select the asset you want to trade
- Choose "Limit" as the order type
- Enter the quantity and your desired price
- Set the duration of the order (day, good-till-canceled, etc.)
- Review the order details
- Click "Place Order" to submit
Tips for Effective Trade Placement
- Always double-check your order details before submitting
- Use limit orders to get better price control in volatile markets
- Implement stop-loss orders to manage risk on your positions
- Be aware of trading hours and potential price gaps for your chosen assets
- Consider using practice mode to familiarize yourself with the order placement process
Ready to Analyze the Markets?
Now that you know how to place trades, let's explore our charting tools to help you make informed decisions.