Tuesday, September 15, 2015

FKLI - Knowledge Lesson 3: Futures Smartphone Apps - How to key in Buy/Sell


FKLI - Knowledge Lesson 3: Futures Smartphone Apps - How to key in Buy/Sell



Legend on ORDER TYPE:

LIMIT = At the Specific Price only

GTC = GOOD TILL CANCEL (it)

GTD = GOOD TILL DATE(then chose a date in DATE box)


Open position =  LONG(BUY)
Price =  2100
Contract (lot) = 1
Order Type = LIMIT
Validity = DAY (1day)
Last click BUY(Long)

Open position =  Sell (Short)
Price =  2220
Contract (lot) = 1
Order Type = LIMIT
Validity = GTD ( till 27/9/2015)
Last click = Sell (Short)

Example:


Example:



Legend:

GTC = GOOD TILL CANCEL (it)

GTD = GOOD TILL DATE(then chose a date in DATE box)




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