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Sterling Trader® Pro Guide

Sterling's user manuals are continuously updated digitally. Explore the step-by-step resources in the product user guides to sharpen your trading & risk management skills.

Equities Settings

Quantity/Side if flat

Qty to open position – Default quantity used in an order entry screen when there is no position in a symbol

Open Position Into - Choose Long or Short. Highlights either the BUY or SHRT button in the order entry screen when there is no position in a symbol

Quantity/Side if not flat

Qty if increasing pos – Qty to open position – existing position

Qty if closing pos – Define either a % of the existing position or specify a share quantity

When prefilling use - Choose to prefill the quantity using either the Qty if increasing pos or Qty if closing pos method

Price

Set the default prices when buying or selling for both the pre-market and regular trading sessions.

Trailing stop orders

Trailing amount – Specify the amount the stop order trigger price will trail the current price

Trailing increment – The amount the stock must move for the stop trigger price to adjust

Miscellaneous

Prefill quantity based on symbol - Prefills the quantity field with the quantity used in the last order for the symbol

Prefill account based on – Select Activity to use last account traded or Opg pos to use the account which had a position in the selected symbol

Clicking Bid/Ask Price – Select either Takes or Joins. If Joins is selected, clicking on the Bid price in an order entry window will highlight the BUY button, clicking on the Ask will highlight the SELL or SHRT button. If Takes is selected, clicking on the Bid price in an order entry window will highlight the SELL or SHRT button, clicking on the Ask will highlight the BUY button.

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