Trading

The basis of profiting on financial markets is a simple rule: buy lower and sell higher. Thus, the work on financial markets comes down to consecutive performing of trade transactions of buying and selling securities. For this, one will have to open, modify and close trade positions. Trade position is a marketable obligation, the amount of bought or sold contracts, for which there were no offset transactions. The entire trading in terminal is performed using trade positions.

To open a trade position, it is necessary to make a trade. To close a trade position, it is necessary to make a counter operation. A trade position can be opened with a brokerage company by a market order or by execution of a pending order. Open positions can be modified by changing the values of Stop Loss and Take Profit orders attached to it. Position can be closed by the trader’s request or upon execution of the attached Stop Loss and Take Profit.