Important
The Order Panel is used to create new trades.
The Trades panel is used to manage existing positions, pending orders, and trade history.
How to place a trade
Open the Markets panel
Select the instrument you want to trade
Open the Order Panel (shortcut: press letter O)
If the Order Panel or Buy/Sell buttons are missing, read:
Choose order type
Inside the Order Panel:
Market order → executes immediately at market price
Pending order → executes only when price reaches your selected level
Set position size
You can size your trade in different ways.
The dropdown next to the size field allows you to switch between:
Lots
Dollar amount
Examples:
0.01 lots
Risk amount in account currency
TradeLocker automatically calculates the equivalent lot size when using dollar-based sizing.
If you want to size positions based on account risk, Stop Loss distance, or percentage risk, read:
Set Stop Loss and Take Profit
Before placing the trade:
Add a Stop Loss
Add a Take Profit
Review margin and order details
Then confirm Buy or Sell.
Manage existing trades
Use the Trades panel to:
View open positions
Monitor pending orders
Review trade history
Modify Stop Loss or Take Profit
Close positions
Cancel pending orders
Shortcut: Press T to open or hide the Trades panel
If the Trades panel is not visible, read:
Useful to know
Placing a trade and managing a trade happen in separate panels inside TradeLocker.