Trade Execution and Order Management
A practical path on the mechanics of getting in and out of a trade: the order types every platform offers and when each one fits, the real costs of execution (the spread, slippage, liquidity, and your own market impact), and how to execute well by placing stops beyond structure, scaling in and out deliberately, and avoiding the liquidity sweeps that shake traders out.
- Module 1free
Order Types
The four building blocks of execution: market orders for immediacy, limit orders for price, stop orders for triggers, and the bid-ask spread that prices the choice between them.
- Module 2free
The Cost of Execution
Why your fill rarely matches the price on your screen: slippage, the depth of liquidity behind each price, and the impact your own order size has on the market.
- Module 3free
Executing a Trade Well
Turning the mechanics into good habits: placing a stop where the idea is wrong rather than where it hurts, scaling in and out deliberately, and recognising the liquidity sweeps that run the stops resting at obvious levels.