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Conditional Order

A type of order that will be submitted or canceled to market automatically, if set precondition criteria(s) are met, which are defined by the trader/investor entering the order.

Say, an investor enters a limit order to buy shares at $45, but only once the shares have first reached $50 (confirming a breakout). The limit order at $45 will be submitted to the market only once the shares have reached the $50 price.

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Our Conditional Order offering provides you

Conditional Orders are used to implement a variety of Trading strategies

  • • Lock-in gains and limit losses with conditional orders that automatically execute your trading strategy
  • • Pre-program your entry and exit points for equities and options trades
  • • Spend less time tracking the market
  • • Take the emotion out of your trading decisions
Our system keeps working for you , no need for constant monitoring of the market , which is maintained even when you are away from your desk.

Conditional order Template supported

  • • Start/Stop Limit orders
  • • Bracketed orders
  • • One Cancels All
  • • One Trigger All
  • • One Trigger - Cancel Others
  • • Trailing orders
  • • Contingent orders
Condition order linked to Technical Analysis Parameter

Who should use conditional order?

Active Trader

Conditional order provide greater efficiency and automation in monitoring the numerous open positions on the market.

Occasional investor

Conditional order free you from the need to constantly monitor the market.

Why use a conditional orders?

Help protect gains while limiting losses

You can help reduce or limit your risk with trailing stops and bracket orders using an OCA (One Cancels Another) order. These order types are designed to let your winning trades run and allow for strategic exits if the market moves against you.

Automate your entry and exit strategies

You can easily combine individual orders into an automated entry and exit strategy with conditional orders. Consider creating a conditional order using an OT/OCA (One Triggers an OCA) to submit an entry order and include both a protective exit point (with a stop order) and a target exit point (with a limit order).

Use market conditions to your advantage

If deciding between two securities, consider using a limit order for both and allow the market to determine which order is placed and which is canceled — with either an OCA or OT/OCA (One Triggers an OCA). You can also use Trade Triggers to help you execute your entry and exit strategies by letting you set up orders to be entered in your account based on the market conditions you specify.

How conditional order works?

 

 

How to get started ?

 

 

How to setup conditional order ?

  • Step 1: Enter the entry criteria
  • Step 2: Enter the exit criteria
  • Step 3: Review the Order
  • Step 4: Submit the Order

Frequently asked Questions

 

 

 

 

 

 

 

 

 

 

 

 

 

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Your feedback and suggestions are welcome. Please email us at sales@moneyguruz.com.

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  • Conditional Order
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