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address;
The application
is downloading
Once complete,please open
it by click at Show In Folder
Make sure the file name is ;
*If you dont have the Winzip extractor, please download at the link below;
http://download.winzip.com/gl/nkln/winzip20_downwz.exe
or,
http://www.7-zip.org/
**please be informed this is the third party software and we dont take any reponsibility if anything
went wrong.
Once you click at the Extract here, the folder TCPro Ver5
Maybank will appear as below and please double click at it.
Please find the TCPro.exe icon and right click to follow instruction as below;
2
3
*Dont copy and paste the icon as it will not functioning if you did
that*
Double click at the Icon
Click Here
There are 2 types of the
Broker. The default will be
Internet_ATP1. You can use
both. Please switch to
Internet_ATP2 if the other
one cant be used.
Put in You Client Code
User
Password
Client List
Click Next
Click Next
Then proceed to click at
Click Next
2 3
1 3
3) Make sure the FCPO contract month goes to the right column
3 4
1 5
To put in the FCPO third month contract without need to change it if the
spot month expired;
1) Click at Other
2) Click at FCPO3
4) Make sure the FCPO contract month goes to the right column
5) Type anything you want for the file name. I put FCPO3 and click save
4
2
3
To view back the saved FCPO contract;
1) Click at File
2) Click at Quicklist
4) Click at FCPO
Adjust the
screen like the
image below
2) Single Click To
Validity
There are 5 types of validity but the most commonly used ones are:
DAY - The order type is only valid for the day. Unmatched orders will be expired at the end of the
trading day.
GTC (Good till Cancel) - The order type will be valid until the Trader cancels it or the contract
itself expires. This order will be carried forward to the next trading day.
GTD (Good till Date) - This order type will be valid until the date set by the Trader.
Contract
Price
Put how many
Put a price here(Limit) Trigger
1) Limit Order lots@contracts you
want to trade
Put a price here(Stop)
An conventional order to
To purchase contract at or below a specified price. Trader is guaranteed to get the contract at that
price or better, paying the specified price or less for the purchase of the contract
Filling of the order is not guaranteed.
To sell contract at or above a specified price, getting the specified price or more for the sale of the
contract
Filling of the order is not guaranteed.
Example
However, the trader wants to buy at a lower price, 1700.0. So, a BUY LIMIT oder is placed :
His order will then be queuing behind the existing 6 bid quantities @ 1700.00.
However, the trader wants to sell at a higher price, 1702.00. So, a SELL LIMIT order is placed:
His order will then be queueing behind the existing 84 offer quantities @ 1702.00.
Note that the order will only be done if you are next in queue and there are counterparty (buyers or sellers) who will
give or take your price.
Remember to NOT key in a BUY LIMIT ABOVE Sellers price or SELL LIMIT BELOW buyers price as it will result in
immediate match and done at the best buyers or sellers price (Sell limit will be done @ 1,700.5 and Buy Limit will be
done @ 1,701.0)
2) Market Order
An order placed to buy or sell a contract immediately at the best available current price.
It guarantees execution as it does not contain restrictions on the buy/sell price or the timeframe in which the order can
be executed. Traders should consider using a market order only when their primary concern is getting the trade done
right now!
Example:
Best working/queuing seller price will be taken and matched. In the market depth example, the order will be done at
1701.00.
Best working/queuing buyer price will be given to and matched. In the market depth example, the order will be done at
1,700.00.
*notice that the price 1,700.0 replaces 1,700.5 as the next best buyers price. The 1,700.5 will either move to the best
sellers price if there are new entries to SELL Limit @ 1,700.0 or it will not appear on the market depth again since
there are no more buyers or sellers wanting the price 1,700.5
3) Stop Order
Stop order is a conditional order mostly used for stop/cut loss purpose where a trader
Example:
He is only willing to lose RM 100 in monetary value which equates to a 2 point movement (FKLI 1 point = RM 50).
Thus he would want to sell the contract when the price hits 1699.00.
Withi this, his order will not be done until it touches 1699.00 OR any price below.
Do note that a sell stop order does not necessarily means the position will be closed at the price it entered, in this
case, 1699.00. A lower price might be triggered. A trader has completely NO CONTROL over what price will be done
except that it will be below the specified price (1699.00). The essence is stopping your loss from getting loss. So if
the futures price drops to the specified price (or below), the stop order to sell is triggered and becomes a market
order.
Buy stop order will just be the opposite. However, it can be used as a buy order as well. In this case, a trader
identifies a specific price that will trigger a purchase of futures contract, in essence stopping the futures contract
from getting away from him as it breaks to new highs at a level that may indicate a potential new uptrend.
This order may be useful to a trader who is trying to identify a point at which the futures contract price changes its
price trend from down to up.
Example:
He is only willing to lose RM 100 in monetary value which equates to a 2 point movement (FKLI 1 point = RM 50).
Thus he would want to sell the contract when the price hits 1699.00.
He cannot key in SELL LIMIT @ 1699.00 as this will result in him hitting best buyer price @ 1700.50 instead and match
straight away.
In additition to that, he is afraid that the market will have a sudden sell-down and he might get a much lower than
than the 1699.00 stop price.
He can enter
Depending on which price would be the Queuing BUYER BEST PRICE after a Sell-down or a Gap down on opening:
Price Done?
1,699.0 Yes
1,698.5 Yes
1,698.0 Yes
1,697.5 Yes
1,697.0 No-Becomes SELL LIMIT @ 1,697.0
1,696.5 No-Becomes SELL LIMIT @ 1,697.0
1,696.0 No-Becomes SELL LIMIT @ 1,697.0
1,695.5 No-Becomes SELL LIMIT @ 1,697.0
1,695.0 No-Becomes SELL LIMIT @ 1,697.0
Trader will only cut when prices hit between 1,699 till 1,697.0. IF prices hit anything below 1,697, the STOP LIMIT
order will become a queuing order to SELL LIMIT @ 1,697.0.
The range is up to the trader to determine and vice versa for the Buy Stop Limit.
Risk: Remember that there is always a tendency that market may not return to previous level after an sell-down. With
STOP LIMIT order only covers a range set by the trader, you may run a risk of not getting out when you should have if
you have a pre-set mind of a minimum losses.
The confirmation
ticket will appear.
And please
proceed to click
ok if everything is
fine
Order Status @ Order Book
Revise or cancel
the order
Close Position
Margin Info
1 2 4
1) Click at other
4) Then click ok
4) Click at FCPO
Chart will appear as below;
2) Click save
1 2
Click back Apply template
2) Click Open
Feel free to contact me if you need any clarifications. Please contact me at below;
zulhazlami@hotmail.com or zulhazlami.azz@maybank-ib.com