Trading Panel

To connect with Alpaca or a preferred broker, open the Broker List (broker connection widget) within the trading panel, accessible from either the Strategy or Scanner screen.

Select your preferred broker from the list.
Click the Connect button below the selected broker.
You’ll be redirected to the broker’s login page. Enter your email and password.
If required, complete Multi-Factor Authentication (MFA) to verify your identity.
Review the requested permissions and click Allow to proceed.
After logging in and granting permissions, you’ll be automatically redirected back to Tradeorca.

Note: If you’re already connected to a broker but experiencing issues, you can use the Reconnect button and repeat steps 1-6.

Tradeorca offers two trading modes based on your broker: Live and Paper Trading. Paper Trading allows you to test your strategies in real-world conditions without using real money, while Live Trading involves actual trading with real funds in real time.

Note: To switch between Live and Paper Trading modes, click the dropdown as shown in the image and select Switch to Live or Switch to Paper.

The trading panel offers a variety of tools and information to manage your orders and positions effectively.

The trading panel includes six action buttons:

Column Settings: Customize the columns displayed in the orders and positions table to reduce clutter.
Create Order: Place a new order in either your live or paper trading account based on the current trading mode.
Replace Order: Locate and replace an existing order in your brokerage account with a new order.
Cancel Orders: Select rows representing your active orders and cancel them as needed.
Close Positions: Select rows representing your active positions to liquidate them.
Refresh Orders and Positions: Update the displayed orders and positions to reflect the latest information.

The trading panel also provides multiple tabs for efficient navigation:

Positions: Displays information about your active positions.
Orders: Shows active orders in your brokerage account.
Order History: Provides a history of past orders.
Account Information: Displays account-related details for your brokerage account.

To view more details on an order or position, expand the rows by clicking the + icon at the start of each row, allowing you to see additional information in an organized and readable format.