Trading Related
What is a "Buy" order?
A “Buy” order is an investor’s request to purchase a chosen asset. The position is opened at the Ask price and closed at the Bid price.
What is a "Sell" order?
A “Sell” order is an instruction to sell a specified quantity of an asset. It is opened at the Bid price and closed at the Ask price.
Why was my stop-loss order not executed at the specified price?
When the market moves sharply, some price points may not exist. If your stop-loss price is not available at the time of execution, the order will be filled at the closest obtainable price as defined by market execution rules.
What is a “Buy Limit” order?
A Buy Limit order is used when a trader wants to buy (go long) at a price below the current market level, they place a Buy Limit order. This order will be executed when the market falls to the specified level — that is, when the Ask price reaches or drops below the Buy Limit price.
What is a "Sell Limit" order?
A Sell Limit order is used when a trader wants to sell (go short) at a price higher than the current market price. The order is executed only if the Bid price rises to, or above, the level specified in the Sell Limit order.
What is a “Buy Stop” order?
A Buy Stop order is used when a trader wants to buy (go long) at a price above the current market level. The order is triggered once the Ask price reaches or rises above the Buy Stop price specified.
Open positions held beyond the close of the trading day are automatically transferred to the next trading session. The corresponding overnight interest will be debited or credited to your account.
What happens if I keep my positions open into the next trading day?
Open positions held beyond the close of the trading day are automatically transferred to the next trading session. The corresponding overnight interest will be debited or credited to your account.
What is a “Sell Stop” order?
A Sell Stop order is used when a trader wants to sell (go short) at a price below the current market level. The order is triggered once the Bid price reaches or falls below the Sell Stop price specified.
What is a “Stop Limit” order?
A Stop Limit order is activated once the market reaches a specified stop price. After it is triggered, the order turns into a Limit Order, allowing you to buy or sell at the limit price you set, or at a better price, depending on the direction of the trade.
What is a “Trailing Stop”?
A trailing stop is a dynamic stop-loss order that automatically moves with the market as your trade becomes more profitable. It helps lock in gains or limit losses by adjusting according to the number of pips you set.
A trailing stop only moves in the direction that benefits your trade. Once it has shifted to protect profit or reduce risk, it will not move back in the opposite direction.
What does “Market Gap” mean?
“Market Gap” refers to a situation where the market opens at a price significantly higher or lower than the previous day’s closing price, creating a visible gap on the chart with no trades executed in between. Gaps typically occur during periods of strong market volatility, major news announcements, or when liquidity is low.
Why is the order price not executed at the expected price?
The order may be filled at a different price than requested due to several market factors:
- High volatility: Rapid price movements during volatile conditions can cause execution at a slightly different level than expected.
- Low liquidity: When the market has fewer active buy and sell orders, it becomes harder to match your order at the exact price.
- Major news releases: Political events, economic announcements, or unexpected developments may trigger sharp price swings and result in slippage.
These conditions can lead to your order being executed at a less favorable price. To minimise such situations, you may use limit orders, trade during periods of higher liquidity, and stay aware of market news and volatility.
What is a "Buy" order?
A “Buy” order is an investor’s request to purchase a chosen asset. The position is opened at the Ask price and closed at the Bid price.
What is a "Sell" order?
A “Sell” order is an instruction to sell a specified quantity of an asset. It is opened at the Bid price and closed at the Ask price.
Why was my stop-loss order not executed at the specified price?
When the market moves sharply, some price points may not exist. If your stop-loss price is not available at the time of execution, the order will be filled at the closest obtainable price as defined by market execution rules.
What is a “Buy Limit” order?
A Buy Limit order is used when a trader wants to buy (go long) at a price below the current market level, they place a Buy Limit order. This order will be executed when the market falls to the specified level — that is, when the Ask price reaches or drops below the Buy Limit price.
What is a "Sell Limit" order?
A Sell Limit order is used when a trader wants to sell (go short) at a price higher than the current market price. The order is executed only if the Bid price rises to, or above, the level specified in the Sell Limit order.
What is a “Buy Stop” order?
A Buy Stop order is used when a trader wants to buy (go long) at a price above the current market level. The order is triggered once the Ask price reaches or rises above the Buy Stop price specified.
Open positions held beyond the close of the trading day are automatically transferred to the next trading session. The corresponding overnight interest will be debited or credited to your account.
What happens if I keep my positions open into the next trading day?
Open positions held beyond the close of the trading day are automatically transferred to the next trading session. The corresponding overnight interest will be debited or credited to your account.
What is a “Sell Stop” order?
A Sell Stop order is used when a trader wants to sell (go short) at a price below the current market level. The order is triggered once the Bid price reaches or falls below the Sell Stop price specified.
What is a “Stop Limit” order?
A Stop Limit order is activated once the market reaches a specified stop price. After it is triggered, the order turns into a Limit Order, allowing you to buy or sell at the limit price you set, or at a better price, depending on the direction of the trade.
What is a “Trailing Stop”?
A trailing stop is a dynamic stop-loss order that automatically moves with the market as your trade becomes more profitable. It helps lock in gains or limit losses by adjusting according to the number of pips you set.
A trailing stop only moves in the direction that benefits your trade. Once it has shifted to protect profit or reduce risk, it will not move back in the opposite direction.
What does “Market Gap” mean?
“Market Gap” refers to a situation where the market opens at a price significantly higher or lower than the previous day’s closing price, creating a visible gap on the chart with no trades executed in between. Gaps typically occur during periods of strong market volatility, major news announcements, or when liquidity is low.
Why is the order price not executed at the expected price?
The order may be filled at a different price than requested due to several market factors:
- High volatility: Rapid price movements during volatile conditions can cause execution at a slightly different level than expected.
- Low liquidity: When the market has fewer active buy and sell orders, it becomes harder to match your order at the exact price.
- Major news releases: Political events, economic announcements, or unexpected developments may trigger sharp price swings and result in slippage.
These conditions can lead to your order being executed at a less favorable price. To minimise such situations, you may use limit orders, trade during periods of higher liquidity, and stay aware of market news and volatility.
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