Once theorderwindow has been opened, traders can enter information into fields and
Type,eitherMarket Execution(amarket order) orpendingorder(alimit order;
the:
Symbolfrom the drop-down list at the top (this will automatically be set to the
elect to trade in smaller volumes, such as 0.1.
assigned to the order.
make selections from drop-down lists to prepare the trade order. Traders must specify
Otherwise, these fields will remain blank (but these orders can still be entered
later).
that displays current prices.
discussed more in thepending orderssection) where the trader can specify the
symbol on the active chart). A corresponding tick chart appears in the left pane
Comment,if desired. Traders can enter text in the Comment field that will be
Stop Loss and Take Profitif the platform supports this option. If MT4 is
downloaded through certain brokers, these fields will be user-definable.
Volumein terms of lot size. 1.0 is equal to 1 lot, or 100,000 units. Many traders
desired entry price.
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