To help you get the most from the OptionsHouse platform, this series of tips is designed to save you time with handy shortcuts. Our second installment focuses on how you can quickly execute trades right from a chart.
Tip #2: Trade right from a chart
If you’re a “chartist” or “technician,” you’ll likely want to seize a market opportunity the moment you see any technical indicators that make you want to take immediate action. That’s why we’ve made it easy and fast to trade directly from a chart with the OptionsHouse platform.
Just click above the mark to open a pre-populated order ticket as a sell order. Or click below the mark to open a pre-populated order ticket as a buy order. The price populated in the order ticket corresponds to the price on the chart where clicked (y axis). In addition, the order entry ticket is pre-populated with your default trading quantities.
Here’s how to do it, step-by-step:
- Open a chart for any symbol. (Fig. 1)
- Click above the mark price to open a sell order, or click below the mark price to open a buy order.
- Enter your order – all fields are available for editing. (Fig. 2)
- When your order is ready, click confirm, then click send to place the order.
Prefer to disable this feature? Here’s what you do:
- Click the user configuration icon. (Fig. 3)
- Access the Trade Settings. (Fig. 4)
- Toggle Trade from Charts to OFF.
- Click Save all Changes.
Stay tuned for more useful tips and tricks in our “Did you know?” series!
The above information is provided by OptionsHouse for informational and educational purposes only and is not intended as trading or investment advice or a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. You are solely responsible for your investment decisions. Commentary and opinions expressed are those of the author/speaker and not necessarily of OptionsHouse. Neither OptionsHouse nor any of its employees, officers, shareholders or affiliated companies guarantee the accuracy of or endorse the views or opinions of guest speakers or commentators. Projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature and are not guarantees of future results. Results may vary with each use and over time. Any examples used that discuss trading profits or losses may not take into account trading commissions or fees.