Opening A Trade
To open a trade, do the following:
1. At the top of the AVA AlphaTrader workspace, click the Trading tab.
The Trading toolbar displays.
2. In the Market section of the Trading toolbar, click
The Create Market Order dialog displays.
3. In the Create Market Order dialog, do the following:
- In the Symbol field, either select a symbol from the dropdown menu or enter a symbol in the editable field.
- In the Amount field, either select an amount from the dropdown menu or enter an amount in the editable field. The field displays the required minimum amount for the selected instrument.
- In the Buy price tile, the current price of the instrument displays.
Note: Current price = the instrument price to open a buy trade position. - Click Buy.
An open confirmation message displays in the workspace and includes the [trade_id] of the opened position.
4. Click the Open Trades tab and view this open trade position's details.
Notes About Open Trade
When opening a trade, what you are doing is creating a market order and then either selling or buying the specified amount of instrument. By definition, market orders are immediately executed – transitioned to an open trade position – by the trading platform at the best available, current price.
How to Trade with AVA AlphaTrader?