Beginner's Guide To Fidelity's Active Trader Pro: Advanced Features
Among its advanced features, Fidelity's ATP integrates a variety of tools to help traders perform research, stay current with news, execute Alerts to remain informed of changing market conditions and place conditional orders.
To access a variety of Research tools, in the Main Menu select Tools > Research and select from the list, as shown in Figure 26.
Figure 26: ATP\'s research tools.
By clicking on any of these commands, a new window will open that contains the specific research information, such as Analyst Opinions, SEC Filings or Technical Analysis.
Traders can view important messages and alerts from within ATP. A number of alerts can be set up, including alerts for:
- Trade confirmations and order status
- Margin calls/option assignments
- Price triggers
- Account activity
- Corporate actions
- ATP education and tips
- Fixed income actions
- New issue offerings/IPOs
- Data download errors
- Product information
- Cash management
Figure 27: Alerts can be customized in the Preferences window.
Fidelity's ATP application supports conditional order placements. To open the Conditional order entry window, in the Main Menu select Tools > Trade > Conditional. The window, which appears in Figure 28, allows traders to specify OCO (One Cancels Other) and OTO (One Triggers Other; sometimes referred to as OSO orders, or One Sends Other) orders.
Figure 28: Placing conditional orders.
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