Hugo
0
All posts from Hugo
Hugo in HTO Trading,

How to improve trade execution and management?

An execution is the completion of a buy or sell order for a financial instrument like a currency pair, commodity, an Index, a stock or a bond.

The execution of an order occurs when it is completely filled, not when it is placed by the trader. When the trader places the trade, it goes to a broker hopefully with a low latency (high-speed), who then determines the best way for it to be executed, all being well without slippage (all executed at the traders set price).

Activtrades an Electronic Communications Network (ECN) Broker uses an extremely swift method, whereby computer systems electronically match up buy and sell orders and developed a trading tool called SmartOrder2.This free trading tool enhances the functions of MetaTrader4 and MetaTrader 5 platforms.

SmartOrder2 was special designed to increase your trading speed and improve the process of managing your positions with the key following features:

  • Place one cancel the other (OCO) orders.
  • Close and reverse all your positions with a single click
  • Schedule the closure of your positions by equity or on a specific date.

The use of this exclusive tool to complement our trading style will improve dramatically our trading results.

I strongly recommended and for those interested in having such a tool just click here.