Smart Order | Cut short lose, let profit run
2022-09-26 15:00uSMART

     As a stock investor, Ming felt exhausted to monitor the market every day. Ming asked a friend who is a seasoned trader,“U.S. stocks are traded at night,are you staying up late every day?” His friend said he used to have this problem, but it was an easy problem to solve. The only thing you need to do is to download an app called uSMART, which has a useful tool, Smart order, to monior the market automatically. You do not have to monitor the market all the time anymore.

 

Introducing Smart Order

     Smart Order is an intelligent stock trading tool developed by uSMART. It can automatically monitor the market situation and place order according to investor's preset trading strategy and price (trigger price). The order will automatically place if the preset price is reached. It is suitable for investors who need to make a transaction at a specific price or a specific ratio.

 

Smart Order Strategies of uSMART

Most Advanced Smart Order Features

0.001s extreme transaction speed, stay ahead of others with your trades

 

  1. Sell-High:Investors set a specific selling price and the system will place an order automatically after the price is reached. The difference with “Take-Profit” smart order is that “Sell-High” order sets a specific price to sell rather than a ratio. These two types of orders are set to lock in profit “Sell-High” smart order currently supports US stock pre-market and after-hours trading.
  2. Breakdown Sell: “Breakdown Sell” order is usually set to stop loss when the holding stocks fall below a specific price. “Breakdown Sell” smart order currently supports US stock pre-market and after-hours trading. 
  3. Breakthrough Buy: Investors set a specific breakthrough buying price and the system will place an order automatically after the price is reached. “Breakthrough buy” order is usually set to buy stocks when investors believe the stock price will continue to rise after breaking through the pressure level. “Breakthrough buy” smart order currently supports US stock pre-market and after-hours trading. 
  4. Buy-Low: Investors set a specific buying price and the system will place an order automatically after the price is reached. “Buy-Low” order is usually set to buy a stock at lower price when investors are optimistic about a stock. “Buy-Low” smart order currently supports US stock pre-market and after-hours trading. 
  5. Take-Profit: Investors set an increase rate according to the latest price, the system will place an order automatically after the condition is triggered. It can be used to lock in profit when your stock holdings rise. “Take-Profit” smart order currently supports US stock pre-market and after-hours trading. 
  6. Stop-Loss: Investors set an decrease rate according to the latest price, the system will place an order automatically after the condition is triggered. It can be used to stop the loss when your stock holdings fall. “Stop-Loss” smart order currently supports US stock pre-market and after-hours trading. 
  7. Trailing Stop: Trailing stop is also known as moving stop loss which allows investors to set a stop loss amount or percentage. When the market rises, the stop loss price will rise accordingly, while the stop loss price remains unchanged if the market reverses. The advantage of trailing stop is that it can effectively control investment risks and take profits in time, preventing large retreat of profits. Investors can also keep their positions if the price trend does not change. However, it may lead to missed opportunities of big gains sometimes. 
  8. Price-Order Triggering: “Price-Order Triggering” a combination strategy tool, suitable for trading warrants and CBBCs. This order can be triggered by tracking the prices of related stocks or index of warrants or CBBCs. Investors can customize the trigger conditions and commission settings. When the tracked stock or index reaches the specified price and market conditions, the smart order will be triggered.

 

Why we use Smart Order ?

  • Automatically monitor the market and place orders, breaking trading time and price restrictions.
  • Set stop-loss and take-profit ratio for facilitating sell at high price and buy at a low price.
  • Flexible selection of trading validity, which can last up to 90 days.

 

The advantages of Smart Order

  1. Automatically monitor the market and place order: Breaks through trading time and  price restrictions. The Smart Order can be created at any time and at any price;
  2. Smart Trading: Can set stop-loss and take-profit ratio for facilitating sell at high price and buy at a low price;
  3. Break through the validity period of intraday orders: Flexible selection of tranding validity and no longer bound by the invalidity of the market within the order day by maximizing validity period up to 90 days.

 

 

For more information on the Smart Order strategies, please click here.

 

To explore the features

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