How can I trade using the DOM?

There are 3 ways to trade using the DOM:

• Mouse Trading,
• Order Entry Panel,
• Quick Trade Buttons.

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Mouse Trading

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Mouse Trading refers to the method of placing, modifying, and canceling orders directly within the DOM Trader panel using a mouse.

It allows traders to quickly and efficiently manage their trades by clicking on specific price levels.

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What are the key features of Mouse Trading?

• Placing Orders: Single-click on the desired price level to place a buy or sell order.
• Modifying Orders: Drag-and-drop existing orders to a new price level.
• Canceling Orders: Click on the order to cancel it.

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What are the advantages of using Mouse Trading?

• Speed and Efficiency: Rapid placement and adjustment of orders.
• Visual and Intuitive: Easy interaction with the order book.
• Precision: Accurate placement of orders at specific price levels.

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Order Entry Panel‍

• The Order Entry Panel is a feature in the DOM Trader that allows you to customize and input order parameters, making it easy to tailor your trading strategy for each instrument.

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How can I customise my order parameters?

• ‍‍You can customise various parameters such as order type, lot size, and time in force, ensuring your orders match your trading preferences.

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What is the Customisable Lots Size setting?

• The Customisable Lots Size setting allows you to define the lot size for each instrument, and these settings are saved across sessions, so you don't have to reconfigure them every time.

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What are Quick Entry Buttons for lots?

• ‍‍Quick Entry Buttons allow you to swiftly select the number of lots you wish to trade, speeding up the order entry process.

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How can I view the total order size?

• The Order Entry Panel shows the total order size in your preferred currency, giving you a clear understanding of the trade's value.

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In which units can I view DOM order quantities?

• Users can switch between viewing quantities in the default instrument currency or in lot size, depending on your preference.

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What is Time in Force?

• Time in Force is an order parameter that specifies how long your order remains active. You can select from options like Good 'Til Canceled (GTC), FOK (Fill or Kill) or Immediate or Cancel (IOC).

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What are Post and Reduce order options?

• If applicable, you can select Post to ensure you place a Maker Order or Reduce to ensure that your order will only decrease your current Position.

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Quick Trade Buttons

• Quick Trade Buttons are shortcuts that allow you to place Limit orders at the Bid or Ask price, or Market orders, with just one click.

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How do I use Quick Trade Buttons?

• Simply click the appropriate button to instantly place a Limit order at the current Bid or Ask price or to execute a Market order.

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