Question: 'Working Orders' - How to Successfully Utilise and how to Activate Correctly to have Trade Ready for 'Market Open' etc....

[Trader1]

Good evening, or morning where ever we are in the world.... I'm new to IG... always took keen interest in the markets and I see the 'working orders' (option) as an interesting and intriguing way to add to 'our' community strings and additional ways to trade....

I'm don't really know how this works 'working orders', how its set-up and how to IMPLEMENT it successfully... Apologies in advance if the question is silly but with a novis to this I would like to successfully use the working orders to home in on how to capitalise on the opening of a commodity or stock/company share on opening bell with the anticipated open of either the 'long or short' direction. 

'working orders' for opening bell i am finding as scouring the IG website, platform pages etc there doesn't seem much information and official examples of how to improve or be successful at this trading method to expand

If someone on the forum has knowledge, patience and if they can show how to successfully to use that would be most kind on information to bottom down to be fully knowledgable of 'working orders' usage and also to supply me details...
how to find out what the margin/slippage is for each stock when implementing a 'working order' for opening bell etc as the 'Demo account executes it perfectly approx 80% of the time but when using my real hard earned money (£££) the 'live' platform doesn't seem as margin efficient and/or doesn't give information to tighten a traders educated trade with lack of information to a provision on the platform they want traders to use in their portfolio as an extra way to trade during the working day.

 Thank you and kind regards in advance... 

[Trader1]

Can IG update when this question is to be approved by moderator please so that the forum community can answer please. 

[KoketsoIG]

13 hours ago, Trader1 said:

Good evening, or morning where ever we are in the world.... I'm new to IG... always took keen interest in the markets and I see the 'working orders' (option) as an interesting and intriguing way to add to 'our' community strings and additional ways to trade....

I'm don't really know how this works 'working orders', how its set-up and how to IMPLEMENT it successfully... Apologies in advance if the question is silly but with a novis to this I would like to successfully use the working orders to home in on how to capitalise on the opening of a commodity or stock/company share on opening bell with the anticipated open of either the 'long or short' direction. 

'working orders' for opening bell i am finding as scouring the IG website, platform pages etc there doesn't seem much information and official examples of how to improve or be successful at this trading method to expand

If someone on the forum has knowledge, patience and if they can show how to successfully to use that would be most kind on information to bottom down to be fully knowledgable of 'working orders' usage and also to supply me details...
how to find out what the margin/slippage is for each stock when implementing a 'working order' for opening bell etc as the 'Demo account executes it perfectly approx 80% of the time but when using my real hard earned money (£££) the 'live' platform doesn't seem as margin efficient and/or doesn't give information to tighten a traders educated trade with lack of information to a provision on the platform they want traders to use in their portfolio as an extra way to trade during the working day.

 Thank you and kind regards in advance... 

Dear @Trader1,

Welcome to the IG community and thank you for your post. Please note that there are a lot of helpful posts about working orders in the community, please have a look:

 

There is also a course on our IG Academy which is completely free: Orders, execution and leverage

 

All the best!

KoketsoIG

[Trader1]

thank you KoketsoIG.... I will look further into your attached information on 'working orders'

[Trader1]

On 08/01/2024 at 07:07, KoketsoIG said:

Dear @Trader1,

Welcome to the IG community and thank you for your post. Please note that there are a lot of helpful posts about working orders in the community, please have a look:

 

There is also a course on our IG Academy which is completely free: Orders, execution and leverage

 

All the best!

KoketsoIG

Thanks on the information i will take a view and hopefully it can help me on the working orders section of the platform.