Split Market Order Before Sent To Server
Is it possible to split a market order before it is sent to the server or are market orders immediately sent preventing any modification before being sent to the server? For example, if a market order for 5 lots has been placed, I'd like it split into 10 market orders of 0.5 lots each instead and then sent to the server. Is this possible? Thanks in advance.
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Annson: Is it possible to split a market order before it is sent to the server or are market orders immediately sent preventing any modification before being sent to the server? For example, if a market order for 5 lots has been placed, I'd like it split into 10 market orders of 0.5 lots each instead and then sent to the server. Is this possible? Thanks in advance.
No, not possible! You have to place the order correctly from the start.
Don't make multiple orders as they will interfere with each other do to FIFO rules.
Since 2009, hedging is not permitted for US traders.
NFA Enforces FIFO Rule, Bans Forex Hedging in US Forex Accounts - Trading Heroes (2016)
FAQ: FIFO in the Forex Market - BabyPips.com (2011)
"Hedging" in Forex trading -Why do it? - Trading Systems - MQL5 programming forum (2017)
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