Trade Stocks Trading

Learn Stocks Trading

Place New Order in Tools Menu on MT4

A new order to buy or sell a trade can be found on the tools menu within the MT4 Platform. The button for placing a new trade transaction is shown below. (Short Cut Keyboard Keys “F9”)

Place New Order in Tools Menu on MT4


Placing a New Order

As a stock trader, once you select the new order button as illustrated and shown above the following popup window will appear. This popup includes the settings for placing a new trade.

Placing a New Market Order Setup Window on MT4



The Following Settings are specified for placing a new order:


  1. Symbol - Specify the instrument to be traded.
  2. Volume - The Number of Lots to be transacted
  3. Stop Loss Stocks Order - Set Stop Loss Stock Trading Order, This option can be set after opening the trade, or for pending stock trading orders
  4. Take Profit Stocks Order - Set Take Profit Stock Trading Order, This option can be set after opening the trade, or for pending stock trading orders
  5. Type: Market Execution or Pending Stock Trading Order
  6. Sell by Market - Open a Sell Trade
  7. Buy by Market - Open a Buy Trade

To Buy at current stocks price hit the Buy by Market button

To Sell at current stocks price hit the Sell by Market button


Setting Pending Stock Trading Orders

To Set a pending trade at another stock price, Change the “Type” option from “Market Execution” to “Pending Stock Trading Order” as shown below.


A menu list will appear and show the following options.


  1. Buy Limit Stock Trading Order
  2. Sell Limit Stock Trading Order
  3. Buy Stop Stock Trading Order
  4. Sell Stop Stock Trading Order

These options are shown below:

Setting Pending Stock Trading Orders Window for Buy and Sell Entry and Limit Stock Trading Orders


To learn how to set up these pending stock orders read the articles:

Setting up Buy Limit Stock Trading Order and Sell Limit Stock Trading Order on MT4


Setting up Buy Stop Stock Trading Order and Sell Stop Stock Trading Order on MT4


Once you select the type of pending stock order to place; then click the “Place” button as shown on the above screenshot to complete the setup.


 

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Stock Symbol

Apple - AAPL, Saudi Aramco, Amazon - AMZN, Microsoft - MSFT, Alphabet (Google) - GOOG, Berkshire Hathaway - BRK-B, UnitedHealth - UNH, Johnson & Johnson - JNJ, Exxon Mobil - XOM, Visa - V, Tencent - TCEHY, Tesla - TSLA, JPMorgan Chase - JPM, TSMC - TSM, LVMH - MC.PA, Walmart - WMT, Procter & Gamble - PG, NVIDIA - NVDA, Eli Lilly - LLY, Chevron - CVX, Mastercard - MA, Meta Platforms (Facebook) - META, Kweichow Moutai, Nestlé - NESN.SW, Home Depot - HD, Unilever - UL, IBM - Samsung, Cisco - CSCO, McDonald - MCD, Nike - NKE