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The working orders section contains details of every order that is waiting to be filled. Once they have been filled, they turn green and can be transferred to the filled order book (another window). The menu on the left gives access to the other windows and the settings. 26 Figure 3 Figure 3 is the order window; it is showing an order to buy 2 June FTSE futures contracts at 5229.5 or better (limit order). In this window you can alter the quantity, the price, the order type (either limit or market) and whether it is a buy or a sell order. To enter any other type of orders, the more options button expands the window to reveal 27 Figure 4 Here (figure 4) we can enter stop and stop limit orders and various other options. 28 Figure 5 Figure 5 shows the market depth window. Here we can see the current bid and offer (52331 and 5232) and the next best bid and offer for 10 levels. Tip: The depth of market window is useful for keeping aware of big orders in the market, if you are looking for somewhere to place a stop, tucking it behind a big order is a good idea. Figure 6 Figure 6 shows the net position window, or your profit and loss window. Above we can see that the trader has a profit of 175 in the FTSE and 1300 in the GILT for a total of 80 contracts bought and old. We can also see that he has no open position and is therefore flat. 29 Figure 7 |
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