Placing Orders

Placing orders with tv-trainer is relatively easy! There are two types of orders you can place with tv-trainer. tv-trainer also uses a pseudo-FIFO method for simulating the trades. Learn more about FIFO.

Market Orders

Market orders are orders that will execute immediately at the listed price. With simulated trading, market orders are executed at the last viewed price.

To place a market order, click the market radio button on tv-trainer. When the tradingview repaly has reached the point where you wish to place an order, click Long or Short. This will place and execute a market order at the closing price of the current bar.

Limit Orders

Limit orders are orders that will execute at the limit order price if the price of the instrument being traded matches (or crosses) the limit price. For example, if you buy 1 AAPL @ $100 and you wish to make a $20 profit, you can place a limit order of -1 AAPL @ $120. Once the price reaches $120, your order will be executed, netting you $20 in profit.

To place a limit order, click the limit radio button on tv-trainer. When the tradingview replay has reached the point where you wish to place an order, click the empty entry box below the order buttons. Enter the price at which you wish for the order to execute. You can also click Last to autofill the entry box with the last price, this can be used as a shortcut. Once you have entered your limit price, you can click Long or Short. This will place the limit order at the limit price. The order will execute once the price reaches or crosses the limit price.