How to Optimize Advance Trade Ticket?

In advance Trade Ticket, traders can make full use of all regular and possible contingent orders. In order type, traders can choose among Market, Limit and Stop orders. Similarly, if a trader wishes to place contingent order, s/he could go for either regular market order or limit/stop order backed by Take Profit and Stop Loss orders, either one or both simultaneously. Further, from the Validity section, traders can choose any one of the available options, i.e., Regular or Intraday order. The ‘Time in Force’ section at the bottom section of the Advanced Trade Ticket facilitates traders to choose from three available Time in Force options, Day, GTC and GTF.

The sophisticated and the informative part of the Advanced Trade Ticket is the Market Depth & Chart Section. This section provides information regarding best 5 bid and ask prices in descending and ascending orders respectively. Further, it also exhibits the available quantities in Bid and Ask sections at respective available prices. More importantly, this section facilitates traders to identify the depth of the market in terms of price and quantity along with the direction of the market.