What is FIFO?
FIFO = First In, First Out If a client makes a trade that is the opposite of one or more existing open positions, e.g. buys EURUSD and already has two open short EURUSD positions, the system will use the FIFO principle and automatically close out the oldest of the open positions. In the example, that would mean closing out the oldest of the short EURUSD positions.
Related Questions
- Why will complying with the FIFO rule require that I lose the ability to place stop-loss and limit orders as well as the ability to close positions from the Open Positions window?
- The example input for FIFO that shows the Belady anamoly uses "-n 3", shouldn the number of page frames be a power of 2?
- How does FIFO compare to the Specific ID Sell Method?
