Order Types at Saxo Bank
Agenda • • • •
Market orders Limit orders Stop, Stop if Bid & Stop if Offered orders Trailing Stop, Trailing Stop if Bid & Trailing Stop if Offered orders
Order Types
Market order
Market order Sell
Buy
Limit orders Limit to buy (at Ask)
Limit to sell (at Bid)
Limit orders Limit to buy (at Ask)
Limit to sell (at Bid)
Limit orders Limit to buy (at Ask)
Limit to sell (at Bid)
Stop orders Stop to buy (at Ask)
Stop to sell (at Bid)
Stop orders Stop to buy (at Ask)
Stop to sell (at Bid)
Stop orders Stop to buy (at Ask)
Stop to sell (at Bid)
Stop orders Stop to buy (at Ask)
Widening of Bid-Offer Spread
Offer line
Bid line
Widening of Bid-Offer Spread
Offer line
226.30
Bid line
Stop if Bid & Stop if Offered orders
Stop if Bid – recommended if you are placing a stop to buy.
Stop if Bid & Stop if Offered orders
Stop if Bid – recommended if you are placing a stop to buy. Stop if Offered – recommended if you are placing a stop to sell.
Trailing Stop Orders An advanced type of Stop Order Adjusts as the market moves in your favor Stays in place when the market moves against you
Traditional Stop Loss Order – static
Trailing Stop Order - dynamic
Limit Order
Limit Order
Trailing Stop Order Entry
Stop Order
Entry
Trailing Stop Orders An advanced type of Stop Order Adjusts as the market moves in your favor Stays in place when the market moves against you
Traditional Stop Loss Order – static
Trailing Stop Order - dynamic
Limit Order
Limit Order
Trailing Stop Order Entry
Stop Order
Entry
Trailing Stop if Bid & Trailing Stop if Offered orders
Trailing Stop if Bid – recommended if you are placing a trailing stop to buy.
Trailing Stop if Bid & Trailing Stop if Offered orders
Trailing Stop if Bid – recommended if you are placing a trailing stop to buy. Trailing Stop if Offered – recommended if you are placing a trailing stop to sell.
Summary
• • • •
Market orders Limit orders Stop, Stop if Bid & Stop if Offered orders Trailing Stop, Trailing Stop if Bid & Trailing Stop if Offered orders
Please contact us anytime: E1RegionNorthAmerica@saxobank.com Toll Free from USA: 1 800 961 0169 Direct phone number: +45 3977 6390