Manual trading
Place market, limit, and stop orders, and manage open positions with Close and Untrack.
The Cockpit's order panel lets you trade by hand. Pick an account or a group, choose an order type, and send it. You also close or untrack open positions from the Active Positions table.
Place an order#
Choose the account you want to trade. You can also target a group to send the same order to every account in it at once.
Select market, limit, or stop. A limit or stop order needs a price.
Choose buy or sell and enter the number of contracts.
Lune places the order at your broker and it appears in Recent Orders as it fills.
Order types#
MarketFills nowOptionalBuys or sells right away at the best available price.
LimitFills at your price or betterOptionalWaits until the market reaches the price you set, then fills.
StopTriggers at your priceOptionalRests until the market hits your stop price, then sends an order to the market.
Orders are rate-limited to 10 in any 10-second window per user. This covers manual, automated, and copied orders together. See The Cockpit.
Close or untrack a position#
Each open position in the Active Positions table has two actions. They do very different things, so pick the right one.
CloseSends a broker orderOptionalSubmits an order at your broker to flatten the position. Use this to actually exit the trade.
UntrackRemoves it from Lune onlyOptionalDrops the position from Lune's view without sending any order. Use it only when the position is already flat at your broker but still shows in Lune.
Close asks you to confirm before it sends the order, so a mis-click does not exit a live trade.
Untrack does not close anything at your broker. It only removes a stale position from Lune's view. If the position is still open at your broker, untracking it leaves you exposed with no view of it in Lune. Only untrack a position you have already closed at the broker.
A position can look stale after a disconnect, or when you close it in your broker's own platform while Lune is catching up. If a position keeps showing after you closed it at the broker, see Positions look wrong.
Flatten everything fast#
To close every position across every account in one action, use the kill switch on the Risk Management page. It flattens all accounts at once.