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Home » Trading Education

How to open a trading position automatically



Contents

  • Creating new pending order
  • Modifying pending orders on IQ Option platform

Creating new pending order

While trading on the Iq Option trading Platform, you are able to open positions automatically. This may be very useful in case you trade applying tools such as support levels. In the menu on the right side, under the sell button, click the “Purchase at …” button.

How to open a trading position automatically on IqOption
How to open a trading position automatically on IqOption

You may either select the ongoing market price of an asset that is set by default or you can click on the plus or minus buttons to choose any other value at which you feel convenient to have the position opened automatically.

Adjusting price level for pending order
Adjusting price level for pending order

That will be demonstrating the opening price level. When the price reaches the specified level the position, which is also known as pending order, will be opened automatically.

Pending orders on the graphs
Pending orders on the graphs

Modifying pending orders on IQ Option platform

For the purpose of modifying the pending order at IQ Option, hover your mouse over the pending position on the graph, click on the settings button and change the available parameters.

For the purpose of modifying the pending order at IQ Option, hover your mouse over the pending position on the graph, click on the settings button and change the available parameters.

Modifying pending order
Modifying pending order

If you would like to cancel your order. Click on the ‘X’ button, which is located next to the settings button. In case you want to disable the automatic opening feature, you just need to click on the close X button.




Read Next

Why You Should Keep a Trading Journal

1 Comment

Katrina
2021-01-19 at 6:03 PM

This is a good tool for creating a pending order


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