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How to Trade on Volumetrica
How to Trade on Volumetrica
Kyle | COO avatar
Written by Kyle | COO
Updated over a week ago

Trading on the Volumetrica platform is streamlined for ease and efficiency, offering various order types and tools to help you execute your trading strategies. The platform supports OCO (One Cancels Other) orders, allowing one order to automatically cancel if the other is filled, simplifying trade management.

Types of Orders

Market Orders: Execute immediately at the current market price.

Limit Orders: Place an order at a specific price to buy or sell an asset.

Stop Orders: Trigger a trade once a specified price level is met.

How to Place a Trade

1. Enable Trading:

Before placing any trades, make sure trading is enabled by switching the toggle in the top-right corner of the platform. This activates trading functions for your account.

Confirm you’ve selected the correct trading account for execution.

2. Configure the Trade:

Step 1: Using the Trading Panel on the right-hand side of the platform, enter the quantity of the asset you plan to trade.

Step 2: Confirm the correct account number for processing the trade.

Step 3: Select the type of order (Market, Limit, or Stop).

Step 4: Before confirming the order, you can set up Multi OCO or Single OCO order brackets if needed.

Note: Adjust Stop Loss (SL) and Take Profit (TP) levels directly on the chart by dragging each level as desired.

Placing a Stop and Limit Order

1. Initiate the Order:

Click on the Limit (LMT) buy or sell button.

Hover over the desired price level on the chart to position the order.

Confirm by left-clicking, or right-click to cancel if needed.

Configuring OCO Orders

Single OCO:

Toggle the OCO button to enable OCO functionality.

Set your Stop Loss (SL) and Take Profit (TP) levels in ticks to create order brackets.

Once placed, the system will show SL and TP levels with estimated potential loss and profit.

Multiple OCO:

Choose "Multi" from the mode dropdown to set up multiple OCO configurations.

Click the gear icon to open settings, and in the popup, select "Add New Strategy."

Enter the quantity and stop tick values, ensuring the stop toggle is active. Then click "Add Bracket."

To add targets, toggle the Target option, input quantities, and set up TP targets for bracket trims.

Click “New Strategy” once everything is configured.

After setting Stops and TPs, save your strategy with a preferred name.

Flattening Trades

To close all open positions quickly, use the "FLAT" button. This will close all active trades, providing a quick exit in case of a mis-click or issue.

For additional support or questions, reach out to our customer support team. We’re here to help make your trading experience in Volumetrica as smooth and effective as possible.

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