Setting Order Types

When you use the Trading Pad, you need to predefine your order types. Four options are available:

• Limit orders only
• Auto-detect type of orders, depending on the price and order type as explained in the following table:

Order	Order Price	Auto-detected order type
Buy	Lower than current price	Limit, MIT, Smart Limit
Buy	Higher than current price	Stop, Stop Limit, Smart Stop
Sell	Higher than current price	Limit, MIT, Smart Limit
Sell	Lower than current price	Stop, Stop Limit, Smart Stop

To set order types:

1. In the Trading Pad Settings dialog box, in the Default Order Types group box, click the radio button for the desired order type defaults.
2. Click Apply to apply and save, or click Ok to save and exit.

 

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