How can I place and manage orders in Market Replay?

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Practise entries and exits without risking a cent: Market Replay has a simulated account where you can place, change, cancel and close orders.

  1. Open Market Replay and pick a symbol. In the Place Order widget, choose Buy or Sell. If you do not see the widget, turn on Place Order in the widgets menu at the top right.
  2. Pick an order type: Market fills at the current price, Limit waits for the price you enter, Stop Loss and Stop use a trigger price.
  3. Type your quantity (and the price or trigger price for the other types). Optionally use the Take Profit and Stop Loss switches to attach a target and a stop. Then click the blue button, for example Buy 50 AAPL for … MKT.
  4. Watch your order below the chart. Positions lists what you hold with its unrealized P/L, Orders lists every order and its status (for example Working, Filled or Cancelled), and Closed Positions lists finished trades with their realized P/L. The Order Lines chart setting (widgets menu) shows working orders on the chart.
  5. To change a working order, open Orders and click the pencil icon on its row. Edit the shares, price, Take Profit or Stop Loss in the Modify window and click Replace.
  6. To cancel a working order, click the X on its row.
  7. To close one position, click the X on its row in Positions; it sends an offsetting market order. To close everything, click the X in the header of that column to flatten all positions.
  8. To start over, click the balance figures next to the tabs, choose Reset account trades and confirm. This only clears your simulated replay orders and positions.

Tip: you can also place and flatten with hotkeys. See how to customize hotkeys in Market Replay.

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