How do I create a trade ticket on ThinkTrader web?

Trade ticket on ThinkTrader

  • The Trade ticket can be launched from multiple places in the platform wherever a live price is displayed including:
    • Buy / Sell buttons in the Watchlist.
    • Buy / Sell buttons for the active chart.
    • Buy / Sell buttons in the Info panel.
    • Buy / Sell buttons in the News panel.
    • Buy / Sell buttons in the instrument lists displayed on the Markets view.
    • Streaming prices displayed at the top of the grid layout for the active chart.
    • Clicking the button in the right sidebar of the Trading view.Buy / Sell buttons
    • Click this again to close the ticket.
  • The ticket can be undocked by clicking the undock button in the top right corner.
  • The ticket will launch preset to the active instrument and side (if applicable) and will update with subsequent instrument changes made in the platform.
  • The ticket will launch preset to Market order type and the user is free to change this from a choice of Market, Limit and Stop order in the dropdown selector.
  • Quantity can be set to Lots or Amount in the platform Settings and the last used quantity will be preset in the trade ticket for each instrument - this can be modified by the user directly in the Quantity field and changed via the + and - ticker buttons.
  • A Pip Cost is calculated and displayed for the selected order

 

Stop Loss

  • When a Limit or Stop order type is selected, the ticket will display additional price and expiry fields which must be set.
    • The order price can be directly entered in the price field, or the ticker buttons used.
    • The order expiry will default to GTC (Good Till Cancel) and may also be set via the dropdown selector to Day, Week or Month.
    • Clicking the calendar icon allows a custom date to be selected.
  • The Margin Usage indicator displays the margin requirements for the order in context of total available margin for the trading account.
    • When there are insufficient funds, or any other errors in the ticket, an inline error will highlight the issue and the Confirm button will be greyed out.
  • Click the Confirm button in the bottom right to send the trade ticket.
  • A confirmation of the order details will be displayed before the Place Order button is clicked to send the order for placement or execution.
    • Or click Edit to amend the trade details

 

Amend the trade details

 

  • Click the slider to enable Stop Loss and Take Profit orders to be placed alongside an entry order or position.
  • This slider is always defaulted to off when a new trade ticket is opened – once activated the last used Stop Loss and Take Profit orders for that instrument will be activated automatically (including which order(s) and by what pip offset).
  • Enter a price or click any price ticker button to activate the related order, while clicking in the price field directly will display the X to remove a Stop Loss or Take Profit order.
  • The default pip offset used is 30 and this will be overwritten once the price level of either order is manually changed via entering a price directly in the field or using the price ticker buttons.
  • The potential profit and loss if the placed orders execute are also displayed under each.