Differences

This shows you the differences between two versions of the page.

--- desktop:desktop_market_if_touched_order [2025/07/24 14:22] – grant
+++ desktop:desktop_market_if_touched_order [2025/07/24 17:55] (current) – grant
@@ Line 1: / Line 1: @@
 ====== Market if Touched ======
+A Market if Touched (MIT) order is a conditional order that becomes a market order when a specified price level is reached. For a buy MIT, the order triggers when the price falls to the set level; for a sell MIT, it triggers when the price rises to the target. It's used to enter trades at more favorable prices, aiming to buy low or sell high.
+======Submitting a MIT Order ======
+On the Trade Ladder, click on the SL dropdown and select Market if Touched.
+To go long, select the desired price below the last traded price, and the order will trigger into a market order whenever it reaches that price.
+To go short, select the desired price above the last traded price, and the order will trigger into a market order whenever it reaches that price.
+{{desktop:MIT.png?400}}