Short Answer
To place a trade in TradeLocker, select an instrument, choose whether to Buy or Sell, enter your position size, optionally set your Stop Loss and Take Profit, and confirm your order.
Before You Place a Trade
Before opening a position, make sure:
You’re logged in to the correct trading account.
The market for your chosen instrument is open.
You understand your Evaluation Program’s Trading Rules.
You have sufficient available margin.
Placing a Market Order
Follow these steps to place a market order:
1. Select an Instrument
Choose the market you want to trade from the Markets panel or your Watchlist.
2. Open the Order Panel
Click Buy or Sell to open the trade ticket.
3. Enter Your Position Size
Specify the volume (lot size) you want to trade.
Always ensure your position size aligns with your risk management plan.
4. Set Stop Loss and Take Profit (Optional)
You can add a Stop Loss and Take Profit before placing your trade.
Although optional, they’re recommended to help manage risk.
5. Review Your Order
Before confirming your trade, verify:
Instrument
Buy or Sell direction
Position size
Stop Loss (if set)
Take Profit (if set)
6. Place the Trade
Click Buy or Sell to submit your order.
Your position will appear in the Positions panel once it’s executed.
Monitoring Your Trade
After your trade has been placed, you can monitor:
Current profit or loss
Entry price
Stop Loss
Take Profit
Position size
You can modify or close your position at any time while the market is open.
Important
Opening a trade does not guarantee execution at the exact displayed price due to normal market conditions.
Always review your position size before confirming a trade.
Ensure your trading activity remains within your Evaluation Program’s Trading Rules.
Continue Your Journey
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