Conditional trading upgrade: Addition of advanced orders
Hello, mooers! Happy Friday! Hope you all have had a fruitful week! We all know that the basics of trading stock is knowing your order types. So have you guys noticed the latest updates of advanced conditional orders? To give all mooers a better trading experience, we keep working on make trading easier.
Why we upgrade it?
We found it a bit complicated for some users to understand the previous order types.
Also, due to different upstream clearing capabilities, the advanced order capabilities supported by different markets and categories were inconsistent, bringing an incomplete user experience when users traded on different securities.
These are the main reasons why we bringing this new updates to you. Hope the new advanced conditional orders can bring you complete user experience when trading and investing!
What advantages would new order types bring?
The upgraded advanced conditional orders are comparable to standard advanced orders by mainstream brokerages. Advanced conditional orders support more flexible order trigger logic, which makes it easier for users to implement Take Profit and Stop Loss strategies. Correspondingly, moomoo currently satisfies the needs for users designing advanced order functions so that they can tailor their strategies in various markets. Our R&D team really put a lot of effort on geting this implemented.
The introduction of new orders
In addition to basic orders, we added six new advanced order types：
● stop order
● stop limit order
● market if touched order
● limit if touched order
● trailing stop order
● trailing stop limit order
● stop order
● stop limit order
● market if touched order
● limit if touched order
● trailing stop order
● trailing stop limit order
Advanced Orders allow users to set up specific strategies that allow the system to trigger basic orders under certain conditions. Usually, an advanced order is not immediately submitted to the exchange but will be placed in Futu's internal order queue when the condition is unmet.
Click Here to learn more about new advanced orders!
Click Here to learn more about new advanced orders!
If you did not find it, go to app store and update moomoo, then you can try new order types!
Thank you all for the great suggestions and ideas. You guys are making moomoo better-performed and shining. With Christmas fast approaching, please leave your wish for moomoo to deliver in 2021 under My Christmas Wishlist and get Christmas rewards. We will continue to work for the benefit of all the mooers.
We value your suggestions and feedback. Merry Christmas!
Team moomoo
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Moomoo Community Official Account
We are here to provide product info.
127KFollowers
265Following
30KVisitors
Follow
70149489 : Thank you guys
Team moomoo OP 70149489 :
rdb3 : Thank you!
Gregory Cox : I find it your advanced orders to be a pain in the u ask me. here it is you put it out no communication .all of a sudden I kept thinking you were messing with me . I was pist..
Gregory Cox : hey baby Lily cow . communication .you just now letting mooers know of the change?
well we all are not up on all the different advanced items are possible on trading platforms. It's like learning a new language.and that is a lot to learn years.
but .ok ok
thank you FUTU. moomoo Lily.
Gregory Cox : hello .Lily can I ask of you ... could you Itemize
each one of your new conditional orders .what they do.how to use .and why we would use and the hi or low of the amount. ----
cont.
Gregory Cox : I just made a order and it's going up and down. I don't want to loose any money .
Right. its average cost is 0.410 .I hit the trade button It come s up market buy 0.523 that's will be my cost.ok so it's yo yoing. Now this is what happens to me all the time.it use to be easy
you hit conditional order and it would do it pretty easy now with this new one what you got all these others to pick from trailing market trigger stop market and all these other ones so now I'm going to sale if my price drops below the price that I bought at that's why I go like a few cents or even if it's a dollar a few dollars under whatever I bought out so I'll give it a little bit to yo-yo so now I'm going to set it back down to 0.49 and set the market order to trigger the conditional order and it'll will say to me you got to be more than the buy then the buy order was and on the old one it used to have on there up or down it had a high or low you could go which way you wanted to go if you going to sell or you going to buy and this one don't seem to have it that way. it's new I know.
Gregory Cox : me myself if you could post a page for a while for reference that we could see it .
I would appreciate it. Thank you moo cow.
hey you want to go have some blue clover some time? or some oats.
Tiktik Yabut : moomoo id 70145561 nickname tiktik197445 email eduardoyabut45@yahoo.com phone number 650 4100945 new number ssn 602 86 5338
Tiktik Yabut : i want to verify my phone number 650 410 0945
View more comments...