Placing Trades (Market & Pending Orders)

Placing Trades (Market & Pending Orders)

This article explains how to place trades on the Capital Street FX trading platform using market orders and pending orders, as well as how to set risk management levels.

Opening a Market Order

A market order is executed immediately at the current market price.

To open a market order:

1. Select the trading instrument from Market Watch.

2. Choose Buy or Sell.

3. Enter the trade volume or lot size.

4. (Optional) Set Stop Loss and Take Profit levels.

5. Confirm the order to execute the trade.

Once executed, the trade will appear in the open positions section.

Understanding Pending Orders

Pending orders allow traders to enter the market only when the price reaches a specified level.

Common pending order types include:

• Buy Limit

• Sell Limit

• Buy Stop

• Sell Stop

These orders remain active until the specified price condition is met or the order is cancelled.

Placing a Pending Order

To place a pending order:

1. Select the trading instrument.

2. Choose the pending order option.

3. Select the order type (Limit or Stop).

4. Enter the desired price level.

5. Set the trade volume.

6. (Optional) Add Stop Loss and Take Profit levels.

7. Confirm the order.

Pending orders are listed in the pending orders section until triggered or removed.

Modifying or Cancelling Orders

Traders can:

• Modify Stop Loss or Take Profit levels

• Change pending order price or volume

• Cancel pending orders before they are executed

All changes are reflected immediately on the platform.

Risk Management Levels

Stop Loss and Take Profit levels help manage risk by:

• Automatically closing trades at predefined loss levels

• Securing profits when target prices are reached

These tools should be used as part of a broader risk management strategy.

Important Notes

• Market conditions may cause slippage between requested and executed prices.

• Pending orders may not be triggered during periods of low liquidity.

• Capital Street FX reserves the right to reject or modify orders under exceptional market conditions.

This article helps traders understand how to place and manage trades using market and pending orders on the Capital Street FX trading platform.