Trading
Orders, volumes, Take Profit / Stop Loss.
Articles in this section
Section titled “Articles in this section”How to make your first tradeAn end-to-end scenario of the first trade in SmartDOM: from choosing a volume to closing the position. Everything happens in the order book, there is no sepa…
Long / ShortHow a long and a short position is opened in SmartDOM, how spot differs from futures and how to close a position.
Market and limit ordersThree order types in SmartDOM: market, limit and pending. All are placed from the order book with a click or a key, without dialogs.
Cancelling ordersWays to cancel an order in SmartDOM, automatic cancellation and the trading lock.
Working volumesWorking volumes are five preset values from which the volume of the next order is chosen.
Take Profit / Stop LossTake Profit and Stop Loss in SmartDOM are placed by clicking the order book for the whole volume of the open position and are shown as lines with TP and SL b…
TP/SL execution modeThe execution mode defines who watches the price for Take Profit and Stop Loss: the terminal on your computer or the exchange.
Average price calculationThe average entry price is the basis for PnL, the position zone in the order book and auto TP/SL. SmartDOM can calculate it in four ways.