Trading From The Depth & Sales Window

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Trading From The Depth & Sales Window

 

Click HERE to watch a video and learn more on how to place orders on the Depth & Sales.  

 

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Note that the cheat sheet describes what each of the columns do but here is a brief description.

 

We have 4 columns that are used to manage orders:

 

Order Column – used to edit/cancel orders

Price Column – used to move orders

Depth Columns – used to place orders

 

Order Column – you can right click an order in the trade column to cancel an order. If you left click, then you can edit the quantity by either typing in a new number or clicking the up/down icons. Once you finish editing you can click Enter to confirm or Esc to cancel the edit OR you can use the icons next to the up/down icons to OK or cancel the edit.

 

Note that by default sell orders are red, buy orders are blue. “L” is used for Limit orders “S” for a Stop order and “SL” for a Stop Limit order.

 

Price Column – This shows the current position (blue or red). It is also the column used to move orders. To move an order just left click in the price column where an existing order is and click on the new price.

 

Depth Columns – Click in the depth columns to place an order. Use the Bid column for buy orders and the Ask column for sell orders. Note that if you use order Type “Auto” it will submit a limit order to buy if the price you click is above the inside ask. In the above example, it will automatically create a limit order if you click the bid at 1491 or below and a stop order if you click above 1491.

 

Moving Orders – There are a number of ways you can move orders.

Click on the Order In the Price Column and then click a new price

Drag the order to a new price by clicking on the Order Column, keeping your finger on the mouse and dragging it to the new price

If you are in a position – clicking on the price column will move the order closest to that price to the price you click. You do not have to select the order first. For more info, look here: Jigsaw Tools V5.2.9.1