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How to Place and Close Trades in Tradovate

Tradovate gives you multiple ways to enter and exit trades across desktop, web, and mobile devices. This guide will walk you through the basic process of opening and closing positions.


Placing a Trade on Desktop or Web

Step 1: Log In

Open Tradovate and log in to your account.


Step 2: Open a Trading Window

Navigate to either:

  • Chart

  • DOM (Depth of Market)

Step 3: Select an Instrument

Choose the market you want to trade, such as:

  • MNQ

  • ES

  • CL

  • NQ

  • Other available futures contracts

Step 4: Configure Your Order

Choose:

  • Buy or Sell

  • Order Type:

    • Market

    • Limit

    • Stop Limit

    • MIT (Market If Touched)

Step 5: Set Your Parameters

Enter your desired:

  • Quantity (contracts)

  • Entry price (if applicable)

  • Stop Loss (optional)

  • Take Profit (optional)

Step 6: Submit Your Order

Click Place Order or Submit to send the order to the market.

Your position will become active once the order is filled.


Closing a Trade on Desktop or Web

Method 1: Positions Tab

  1. Open the Positions panel.

  2. Locate the position you want to close.

  3. Click Close.

  4. Confirm whether you want to exit partially or fully.

Method 2: Chart or DOM

  1. Locate the active position on your chart or DOM.

  2. Right-click the position.

  3. Select Close Position.

Method 3: DOM Quick Exit

If you’re using the DOM, you can use the built-in Close button for a faster exit.


Placing a Trade on the Tradovate Mobile App

Step 1: Open the App

Launch the Tradovate mobile application and sign in.


Step 2: Access the Trading Screen

Tap the Menu (☰) icon and select Trade.


Step 3: Select Your Instrument

Choose the futures contract you wish to trade.


Step 4: Configure Your Order

Set:

  • Buy or Sell

  • Order Type

  • Quantity

  • Any additional trading parameters

Step 5: Submit the Order

Tap Send to place the order.


Alternative Method: Trading Through the Markets Section

  1. Open the Menu (☰).

  2. Select Markets.

  3. Choose your preferred instrument.

  4. Tap Trade.

  5. Configure your order details.

  6. Tap Send to place the trade.


Closing a Trade on the Mobile App

Step 1: Open Markets

Tap the Menu (☰) and select Markets.


Step 2: View Open Positions

Navigate to the My Positions section.


Step 3: Exit Your Position

Tap CANCEL ALL & EXIT ALL to close all active positions and cancel any pending orders.


Important Reminder

Before submitting any trade, always double-check:

  • Instrument selected

  • Order direction (Buy or Sell)

  • Number of contracts

  • Stop Loss and Take Profit levels

Proper order verification helps reduce execution mistakes and improves risk management.

If you need assistance with Tradovate, the AquaFutures Support Team is always available to help.

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