Webinar Recap: An In-Depth Look at the Lightspeed Trader Platform

In a recent webinar, VP of Business Development, Joe Ely, gives viewers an inside look at the Lightspeed Trader platform, offering an overview of how to set up and use many of the features traders utilize every day. Lightspeed Trader is a platform that’s probably best known among active traders for its high level of customization, allowing for quick order entry and execution of trades.

Here is a recap the main points from the trading webinar:

Customizing the Layout

A customizable layout allows traders to personalize the Lightspeed Trader platform to meet their particular needs. Traders can add, adjust, move, and delete windows inside the platform. It’s simple to click and drag windows into the position that suits the trader’s preference best.

Saving and Loading the Layout

Saving and loading a layout can be simple and easy. A trader can create custom layouts and save them to their computer for later use. This is done by going to “layout”, “save the layout as”, and then save the layout to the computer. And with laptop mode and normal mode available, you can have different layouts prepared for both your laptop screen and your larger monitor setup. Multiple layouts can be saved to a trader’s computer by saving them to the desktop and then loading the desired layout, as they are needed, by going to “load saved layout” on the platform.

Linking Level 2 to Charts and Order Entry

Linking windows is a snap with the Lightspeed Trader platform. Link level 2 charts with order entries with just a few clicks. The level 2 screen is the driver for what symbol a trader is looking at on their chart and order entry. To set this up, right-click the gray bar on top of any window, go to “link”, and choose the quote window/level 2 screen that it should be linked to. The same thing can be done for an order entry window. It’s that easy.

Setting Up Hot Keys and Hot Buttons

Hot keys and custom orders are at the center of many active traders’ strategy. We’ve made order entry easier by adding configuration settings to set up hot keys and customer orders as hot buttons. This allows a trader to set up a series of predefined orders as a hotkey or custom order and then linking those orders to hot buttons, making order management that much simpler and more efficient. With the ability to hot key an immediate order, traders can purchase with one single click. To mitigate accidental purchases, a trader can set up a confirmation prompt to finalize the trade with an additional click.

Using “Order Popup” to Customize Orders

Order customization and rerouting are simple with the Order Popup window. Simply click on the order popup tab and use certain keystrokes to change prices, shares, etc. by various amounts. Traders can customize their order by using the hot keys and then the order entry pop up. Many traders use this because of the increased speed and efficiency.

You can view the entire webinar below:

An Ideal Trading Platform for Stocks and Options

Lightspeed Trader is a trading platform for active day traders looking for an affordable brokerage with the most efficient trading platform available. At Lightspeed, we offer advanced options trading and stock trading online for those traders looking to optimize their trading abilities. Traders can take the platform for a test drive with a demo version of the software. To begin trading stocks online with Lightspeed, open an account today. For any additional questions or inquiries, please fill out a contact form and we will get back to you.

Lightspeed Financial Services Group LLC is not affiliated with these third-party market commentators/educators or service providers. Data, information, and material (“content”) are provided for informational and educational purposes only. This content neither is, nor should be construed as an offer, solicitation, or recommendation to buy or sell any securities or contracts. Any investment decisions made by the user through the use of such content is solely based on the users independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. Lightspeed Financial Services Group LLC does not endorse, offer nor recommend any of the services or commentary provided by any of the market commentators/educators or service providers and any information used to execute any trading strategies are solely based on the independent analysis of the user.

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