click above pic to enlarge it for better viewing.
Example: (A) SELL STOP order (make sure Input Confirm is RED color)
If you holding LONG position in FKLI at 1860.
You want to prvent Overloss, so you want to place SELL STOP LIMIT order as above : From A= 1848 to B = 1828 .
SELL STOP LIMIT : Range is 1848 to 1828; IF market go down to 1848 , computer will chop your LONG position by Sell out (SELL STOP) the position for you.
By puting a range from 1848-1828 , if after lunch time it gap DOWN and open at 1840; system will help you cut at 1840 (because you ask system to chop for you from range 1848 - 1828 )
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click above pic to enlarge it for better viewing.
Example: (B) BUY STOP order . (make sure Input Confirm is BLUE color)
If you holding SHORT position in FKLI at 1862.You want to prevent Overloss. So, you want to place BUY STOP LIMIT order as above picture : From A= 1888 to B =1898 .
BUY STOP LIMIT : Range is 1888 to 1898; IF market come Up to 1888 , computer will chop your Short position by BUY back the position for you.
By puting a range from 1888-1898 , if after lunch time it gap up to 1891; system will help you cut at 1891 (because you ask system to chop for you from range 1888 - 1898 )
For more detail how to operate and use the AYERS.
Please read User-Guide here:
https://www.rhbtradesmart.com/uploads/downloads/RHB-Futures-GTS-Desktop%20App-UserGuide.pdf
Please read User-Guide here:
https://www.rhbtradesmart.com/uploads/downloads/RHB-Futures-GTS-Desktop%20App-UserGuide.pdf
Good
ReplyDeleteThanks for explaining this!
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