This lesson will focus on explaining the functionalities and process on how to enter conditional orders in the TWS Mosaic.
Conditional orders empower you to create sophisticated order strategies. These orders allow you to define specific conditions depending on your needs and goals.
Within the key functionalities this order provides, are: specifying one or more conditions across various instruments, executing if only all defined conditions are fulfilled, preventing unwanted order execution until your desired market conditions are met, conditioning orders can be used for market, limit, or other order types, orders can be activated outside of regular trading hours, capturing potential opportunities and it can be modified or cancel existing conditional orders as needed. Learning all the steps of using this tool will into automatization of this and many more strategies on specific market events, potentially improving efficiency and risk management.