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Hi
I'm new to quantconnect. I want to trade fx on oanda and i'm abit confused about the exact order type I should be using and if I should be using the ask mid or close price etc. Obviously all I want is to buy at the lowest price and sell at the highest price. I know from trading on oanada manually if you set a stop or take profit order it doesn't necessarlily go through when the price has obviously hit your set point, it seems to lag behind abit. Is it best to do it all manually or use the stop/take profit orders?
Thanks Adam
Derek Melchin
Hi AHill,
> if you set a stop or take profit order it doesn't necessarlily go through when the price has obviously hit your set point, it seems to lag behind abit
 SL and TP orders may not be executed immediately if they place limit orders. An overview of our order types is available here.
> Is it best to do it all manually or use the stop/take profit orders?
This is up to the preferences of each trader. However, we encourage users to place TP and SL orders.
Best,
Derek Melchin
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AHill
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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