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Understanding Automated Trade Execution

54 bytes removed, 18:15, 2 February 2012
=== Comparison of Synchronous and Asynchronous Mode ===
{| class="wikitable" width="5075%"!width="3020%"|Mode!width="3540%"|Pro!width="3540%"|Con
|-
|align="center"|'''Synchronous'''
|align="bottom"|Only orders filled at the broker will be displayed on the chart with the exact same price value as at the broker.|align="bottom"|Possibility of non‑execution of entry orders at the broker such as Limit or Stop as a result of not meeting theoretical conditions set on the chart.
|-
|align="center"|'''Asynchronous'''
|align="top"|An ability to convert entry orders such as Limit or Stop to Market orders if the defined price mark was not met within indicated amount of time. Market orders ensure that the order will be filled at the broker and market position will stay the same on the chart and the broker, but they don't guarantee the price at which the order will be executed.|align="top"|If order converting is disabled, then orders that will be generated on the chart may never be filled at the broker. Thus, the actual position at the broker may not be the same as the position shown on the chart.
|}
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