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Stop Loss

This order is used for minimizing of losses if the security price has started to move in an unprofitable direction. If the security price reaches this level, the whole position will be closed automatically. Such orders are always connected to an open position or a pending order. They can be requested only together with a market or a pending order. Terminal checks long positions with Bid price for meeting of this order provisions (the order is always set below the current Bid price), and it does with Ask price for short positions (the order is always set above the current Ask price).

Rules of Stop Loss and Take Profit Inheritance:

  • When increasing position volume or reverting the position, Take Profit and Stop Loss levels are placed according to its latest order (market or triggered pending order). In other words, stop levels in each subsequent order of the same position replace previous ones. If zero values are specified in the order, Stop Loss and Take Profit of a position will be deleted.

  • If a position is partially closed, Stop Loss and Take Profit are not changed by the new order.

  • If a position is fully closed, the Stop Loss and Take Profit levels are deleted, because they are associated with an open position and cannot exist without it.

  • If a trade operation is executed for a symbol, for which there is a position, the current Stop Loss and Take Profit of the open position are automatically inserted in the order placing window. This is aimed to prevent accidental deletion of current stop orders.

  • During one click trading operation (from a panel on the chart or from the Market Watch) for the symbol, for which there is a position, the current values of Stop Loss and Take Profit are not changed.

  • On the OTC markets (Forex, CFD, Futures), when a position is moved to the next trading day (the swap), including through re-opening, the levels of Stop Loss and Take Profit are remain unchanged.

  • On the exchange market, when a position is moved to the next trading day (the swap), as well as when moved to another account or during delivery, the levels of Stop Loss and Take Profit are reset.

An order letter is usually written when a company purchases or buys  or orders goods or services from another party. An order letter can also be written by an individual who would like to buy or purchase goods or services. Here is an Order Letter you  might need  when  you order goods, materials and services.  Do not forget to clearly state the exact name of the merchandise, the price, and the amount of payment being sent. 

Otherwise known as an order letter, a letter of order is a document that confirms the details of a purchase of goods or services from one party to another. It usually includes more information about what you are ordering, like quantity, model number, or color, the payment terms, and the matter in which the products are to be shipped. When the recipient receives this letter, they will process the order and send the merchandise.

Starting to Write

1

Politely thank the buyer or client for their custom.

2

Briefly outline the details of the transaction, such as the item model name, color etc, the name of the buyer or client, their address if relevant, and the medium of payment. This is essentially a summary of the order to reassure the recipient that everything is going smoothly.

3

Provide contact information so the recipient can get in touch if there’s a problem.

An “Order” is an expense for the person placing the order and an income for the one getting it. But this is not all. The company that bags the order has to fulfill lot of commitments to ensure that it has a satisfied customer, which can be an individual or another company. Timely delivery of the order, quality of delivery and after sale service – are all part and parcel of getting an order.

An Order Letter is the one that is written by the person/company placing the request of purchase from another company. This letter comes into action only when a detailed study of the desired product has been done in the market and based on promised service, quality and price of the product, a decision for a purchase has been made.

An Order Letter should be drafted very carefully as it needs to pen down all the terms and conditions of the purchase for the benefit of both involved parties. It should have details such as product specifications, quantities, price agreed upon, delivery date, late delivery clauses, etc. It should be addressed to the person responsible for the execution of the order with a copy to the head of department. Since it is totally an official letter it should be typed.

DOS AND DON’T’S OF ORDER LETTER

  • An Order Letter should be addressed to the person responsible for executing the order

  • It should include all the terms and conditions agreed upon by both involved parties

  • Since it is purely an official letter it should be typed out

  • There is no need to use too many adjectives in the letter since it is purely for an order being placed

  • The letter should have all relevant details related to the order, for example, quantity, price and other terms and conditions

SAMPLE ORDER LETTER

Name of the person to whom order is being placed

Name and address of the organization

Name of the person placing the order

Name and address of the organization

Date:

A letter of request

A request is a letter asking the recipient to do something he or she does not have to do, may not have time to do, or may not want to do. Therefore, pay particular attention to the structure given for each letter; these are time-tested formulas for persuasive writing that have been proven to work.

A letter is an ideal medium for requesting a favor. Making the request in writing allows the other person to think it over in the privacy of her own home or office, without the pressure of you standing there waiting for an answer, or the potential for embarrassment (for both of you) if you are turned down.articular attention to the structure given for each letter; these are time-tested formulas for persua

• Ask politely. Do not demand or threaten.  • Show the reader what’s in it for her. Prove your case.  • Say exactly what you hope she will do for you.

When you want somebody to do something for you, it's important that you ask them in the right way. This is really important if you are sending a formal business or professional email. Because if you don't, they'll probably say no.

The structure of the email

For a formal email of request to work, you not only need to use the appropriate professional English vocabulary, but the email needs to have a good structure.

The structure of a formal business email or letter of request in English is very simple:

  • You start the email or letter by writing an introduction that states/says the purpose of sending the email or letter.

  • Then in the next section, you ask questions or request information.

  • And finally in the last section, confirm when you require the information etc...

FORMAT Elements: The elements found in typical business letters are: a. full mailing address of the sender b. date on which letter is written c. address of person to whom letter is addressed d. subject line e. salutation f. body (the main message) g. complimentary closing h. signature line (be sure to sign your letter) j. enclosure and copy notations

Model Letter: The model below uses all the elements from the list. The overall layout is a matter of personal choice, as is the decision to include a phone number and email address. NB: the text of the model letter is exceptionally brief. Most appeal and request letters require a page or two.

a.

 

Samuel Student 123 ABC Street  Samsville, ON  SOS ___  Email address, fax and/or phone number

b.

 

November 20, 201_

c.

Dr. Jane Skool Associate Dean  Faculty of ________________  Western University  London, ON  N6A ___ 

d.

Subject: Request for Special Examination

e.

Dear Dr. Skool:

f.

I am writing to request a special examination in Course 020. On December 12, the date of the regularly scheduled exam, I have to appear in court as a witness. I enclose a copy of the court summons. A make-up exam in Course 020 has already been scheduled for January 6.

f.

Thank you for taking the time to consider my request. Please contact me by Email or phone if you have any questions.

g.

 

Yours sincerely,  Sam Student

h.

Samuel Student  SN 045678900

j.

encl.  cc: Professor O. Twenty

CONTENT AND TONE While the appearance of a letter is important, the content and tone will determine whether the letter really does its job. Review any relevant policy and pay particular attention to what the decision maker needs to know to consider an appeal or request. That is the information which should be included in your letter.

Opening Statement The first sentence or two should state the purpose of the letter clearly.

I am writing to appeal my current disciplinary status, and to apologize for my involvement in the floor crawl which led to my being placed on notice. I realize that what seemed harmless fun to me was actually a danger to my health and the health of others. I sincerely regret my actions that night....

I am writing to request a course overload for 2013-14....

Be Factual Include factual detail but avoid dramatizing the situation.

In late October I was diagnosed with tonsillitis. I was sick for over a week, and missed most of my mid-term exams.

NOT "In late October after feeling really sick for a few days I finally dragged myself to Student Health...."

Be Specific If an appeal or request depends on particular facts which the decision maker will want to verify, be specific.

I missed a test January 23, because I flew to Vancouver on January 19 for my grandfather's funeral and returned only January 26. I enclose the airline receipt and can provide further corroboration if that would be helpful.

NOT "I had to attend a funeral out of town so I missed the test on January 23."

Documentation Include any documentation required by policy or needed to substantiate your claims. If documentation is being sent by a third party, state that with details.

Dr. A., my father's physician, has agreed to write to you about this matter....

Stick to the Point Don't clutter your letter with information or requests that have no essential connection to the main message.

Do Not Try to Manipulate the Reader Threatening, cajoling, begging, pleading, flattery and making extravagant promises are manipulative and usually ineffective methods.

If you give me a chance to come back to residence next year, I promise to work really hard, get rich, and donate a million dollars to the University....

How to Talk About Feelings It is tempting to overstate the case when something is important to us. When feelings are a legitimate part of a message, own the feeling, and state it as a fact.

When I saw my grade, I was very disappointed.

Be Brief It is more work to write a good short letter than a long one. Busy decision makers appreciate the extra effort.

Avoid Errors A letter will make a better impression if it is typed; free of spelling and grammar mistakes; free of slang; and placed in the right sized envelope. BUT it is much more important to meet deadlines and state the purpose clearly than to submit a letter which is completely error-free.

Keep Copies Until a matter is settled, keep copies of all letters sent or received, as well as relevant documents and forms.

Postcard greetings

Way back at the dawn of time—or at least before Facebook—people usually told friends and loved ones of their travels and adventures through postcards. These are usually pictures of scenic vistas or typical scenes of tourist spots. Notes are jotted on the back, they're addressed, and for the price of a stamp, are sent from anywhere, to anywhere. In this day of instant digital photo sharing, sending a postcard is becoming a lost art.

Part 1 of 2: Writing Your Postcard

1

Buy a postcard. Any great correspondence starts with something to write on. For the tourist "wish you were here" types of postcards, every gift shop at every resort everywhere in the world will have postcards.

  • Whether you're at Mt. Everest in Nepal or Thunder Mountain at Disney World, you'll find professionally-shot postcards that look great and will make your friends drool with envy.

  • Why wait? Sometimes you see a postcard that you just know will make somebody laugh. Get it!

  • Make a sport of it. Like the gnome in the French film Amelie, or the man who had a squirrel invade his home, sending postcards can be a game. There was a fellow who had a squirrel invade his house one summer. After two weeks of trying to catch it, he finally succeeded. He drove 20 miles (32 km) out of town, and released the squirrel. A few days later, he received a postcard from one "Mr. Fuzzy." Then another, then another, as the intrepid Mr. Fuzzy traveled the country. Several friends jumped into the game, and by fall he had received postcards from major cities around the world. You too can create your own “Mr. Fuzzy.” Make up an alias for yourself and send a friend or child postcards from all over, signed by your alias.

2

Get to know your postcard. Now that you have your prized possession in your hands, it's time to work on the details. A postcard's format is very straightforward.

  • Flip the postcard photo side down. The top right corner is generally where the stamp goes (there should be a box in the corner that is perfectly stamp-sized.

  • Postcards are usually split up so that the right side of the card has lines for you to write out the address you would the card to be sent to. On the left there should be a blank space in which you can write a message, doodle, or create a riddle that will lead the recipient on a cross-country scavenger hunt.

3

Put the date in the upper right of the note area. This is optional but will give you recipient an idea of when you sent the postcard (and can also be a little experiment to see how long a postcard takes to get from Canberra, Australia to San Francisco, USA.) You might be surprised at how long or short the postcard’s travel time is.

4

Decide who you are sending the postcard to. Begin by addressing the person (or people) you are sending it to. A simple, “Dear John,” would work, but you can get as creative as you like. Try something like “To the man who once wore a 10 gallon (37.9 L) hat to an ice cream parlor” or “My dearest, Most darling, beloved Aunt Nancy.”

5

Write your message. The first rule of postcard writing is, there are no rules. Write as much or as little as you like. Don’t write at all but instead draw a picture depicting your favorite moment of your trip thus far. It really is up to you. Some people choose to write as much as possible, filling up the text area, then writing along the bottom, up the right hand side, upside down along the top, and on down the left side. Go wild so long as there is space to write your recipient’s address. Here are some ideas about what to write about:

  • Give your recipient an account of your favorite moment of the trip so far. Something along the lines of: Though this whole trip to Panama has been amazing, yesterday something happened that was truly crazy. I discovered I have a sloth sense. The girls and I trekked through the jungle to find this beautiful hidden beach, and on the way I spotted four different sloths. Each time one was near, I would stop walking and announce that there was a sloth around. I would look up, and sure enough, a sloth! Right above me!

  • Another idea is to give an account of a weird food you have tried: You won't believe this but two days ago I tried kangaroo tail, crocodile meat, and a green ant, all in the same day! The kangaroo tail was a bit greasy but the Crocodile tasted like--you guessed it!--chicken. But most surprising of all, the green ant tasted like a sour grape! The land down under sure is an interesting place!

  • You might consider closing with something like, “hope all is well” or “You would love it here!” so that your recipient doesn’t die of envy.

6

Sign your card. Since formality is not a requirement for postcards, say goodbye like you were talking to them. When was the last time you said "sincerely yours" to somebody, face to face? Instead, there are the old standbys: "Wish you were here!" "See you soon!" "LOVE LOVE LOVE!!!!" Or, you can sign off in a personalized way. Examples are “Love, your wandering granddaughter” or “Signed, a broad abroad” or something pun-y like that.

Part 2 of 2: Addressing Your Postcard

1

Write the address on the right side of the card. Some cards will also have lines for you to write the address on. Write the recipient’s name(s) followed by their address (House or apartment number, street name, town, city, country, zip code.)

  • Don’t forget to add the country name! While you may not have to do that when sending snail mail within your own country, you will have to do that when you’re abroad!

2

Lick it or stick it. Before you can make the recipient green with jealousy (or red with embarrassment, if you are in Brazil and sending one of those kinds of postcards), you will need to put a stamp on it—up in the right hand corner. Make sure you put the right amount of postage to get it to its destination, find a post office station, and drop that little slice of cardboard love in the mail.

  • If you’re not sure how much postage it will take to get the postcard from one place to another, duck into the nearest post office and find out. Make sure to purchase international postage if its required.

3

Finished.

In business, there's nothing more important than building strong relationships with clients. A simple deed can create a loyal customer for life, and the holidays are the perfect time to share your gratitude and warm wishes with the people who do business with you all year long. And whether you own a small company or run a large corporation, a business holiday card is one of the best ways to express appreciation towards clients and colleagues for their continued support.

When it comes to holiday business greeting cards, to send or not to send is the question. Once you have decided to send, you then have to determine who to include on your list, what kind of business greeting card to choose, and how to address the envelope.

Business greeting cards can:

  • enhance your current business relationships

  • attract new customers

  • remind old clients that you exist

  • show appreciation to supportive clients

  • Use proper business greeting card etiquette. What is a well-meaning gesture can offend the people you want to impress when it is not done properly.

  • The 8 Rules of Business Greeting Card Etiquette

  • Buy Quality Cards: Start with a good quality business greeting card to show that you value your clients and colleagues. Skimping on your selection can be interpreted in a number of ways. Your recipients might take it as a sign that business has not been good or that they aren't worth a little investment.

  • Update Your List: Make sure your list is up-to-date with correct names and addresses. If you do this on a regular basis, it does not become a dreaded holiday chore. As you gain new contacts throughout the year, take time to add them to your database for your business greeting card group. This way you won't embarrass yourself by sending the card to the old address.

  • Sign Cards Personally: Even if you have preprinted information on the business greeting card such as your name, you need to add your handwritten signature.

  • The most elegant business greeting cards should have your personal signature and a short handwritten message.

  • Handwrite the Address: If you are ready to throw up your hands at this point and forget the whole project, then have someone else address the envelopes for you. Don't use computer-generated labels. They are impersonal and make your holiday wishes look like a mass mailing. You may save time and even money, but can lose a client in the process.

  • Mail to Home Address: Mail your business greeting card to the home if you know the small business owner. Be sure to include the spouse's name. The card is not sent to both husband and wife at the business address unless they both work there.

  • Use Titles: Whether you are addressing the envelope to an individual or a couple, titles should always be used. It's "Mr. John Doe," not "John Doe," or "Mr. and Mrs. John Doe, rather that "John and Mary Doe."

  • Be Sensitive to Traditions: Find out whether your business greeting card recipients observe Christmas, Hanukah, or Kwanzaa. Make sure your message is appropriate for each individual. If you decide to go with one card, choose a generic one that will not offend. "Season's Greetings" and "Happy Holidays" are safe bets.

  • Avoid the Mail Rush: Mail your business greeting cards in time to arrive for the designated holiday. If you find yourself addressing the envelopes on Super Bowl Sunday, keep the cards until next year and send out a high-quality note thanking people for their business during the previous year instead. To avoid the last minute greeting rush is to have all your envelopes addressed before Thanksgiving. Then during December you can leisurely write a short message - one or two lines are all that is necessary on each card, sign your name and have them in the mail with a minimum of hassle.

Abbreviations used in formal letter writing

In business correspondence a number of abbreviations are used, some of which are only suitable for informal communication, some even for electronic communication only (e.g. emoticons). In formal business letters, a clear, formal writing style should be used, however, there exist some instances in which the use of abbreviations is appropriate to save both space and time.