How to trade from market depth (DOM) on tv.5paisa.com?

How to trade from market depth (DOM) on tv.5paisa.com?

Trading from the DOM (Depth of Market) on tv.5paisa.com involves the following steps:

Access DOM: Go to tv.5paisa.com and log in with your 5paisa credentials. Navigate to the trading platform, and find the DOM feature.

Select Instrument: Choose the financial instrument or security you want to trade. DOM typically displays the order book and price ladder for the selected instrument.

Place Order: Within the DOM interface, you can place orders directly by clicking on the price level you desire. Specify the order quantity and type (market, limit, etc.).

Review and Confirm: Before confirming the order, review the details to ensure accuracy. Confirm the order, and it will be submitted to the market.

Monitor Orders: Keep track of your orders and their status through the DOM interface. You may see your active orders, filled orders, or any pending orders.

Manage Positions: If your order gets executed, you'll see your position reflected in the DOM. Manage your positions, and set stop-loss or take-profit levels if needed.

Remember, the DOM provides real-time market depth and allows for quick order placement, making it a powerful tool for active traders. Familiarize yourself with the platform to make the most of the DOM feature.