Trade with BookTrader
Before you can trade with BookTrader, you must ready the application for instantaneous order transmission by checking the Armed checkbox and agreeing to the activation contract. Once armed, BookTrader instantly transmits your order with a single click of the mouse. Mouse actions are described below.
To trade with BookTrader
Click on any Bid size to send a Buy Limit order at the selected price.
Click on any Ask size to send a Sell Limit order at the selected price.
Right-click on any Bid size to send a Buy Stop order.
Right-click on any Ask size to send a Sell Stop order.
Hold the Alt key and click on any Bid or Ask size to create a Bracket order.
Each order you create is displayed in the Orders row and on the trading screen, and uses order defaults.
Modify an order by entering a new value in the Order row.
Click the "T" in the status field to re-transmit the modified order. To cancel an order, click the "C" in the status field of the appropriate order row.
You can also modify the order by clicking in the desired price field above or below the currently selected line. This initiates a new order at the selected price, and sends a cancel notice to the exchange for the previous order.
By default, the stop offset amount used for Bracket orders is set to 1.0. To modify this value, on the Configure menu select Order then select Order Defaults. Change the Stp Offset value. You can also set a Buy Stop or Sell Stop hotkey and define a stop offset amount with the hotkey. To set a BookTrader hotkey, on the Configure menu select Hotkeys.
You can hide the tabsets, quote panel, and toolbar to display only the ladder and menu, by clicking the Full Screen Mode icon in the top right corner.
