1. Stop-profit and stop-loss orders
Stop-profit and stop-loss are a type of strategic commission. Users can pre-set the trigger price and order price. When the market price reaches the trigger price, the system will automatically place an order based on the order price. Users can use this order to buy at a low price or sell at a high price. The user's funds will not be frozen when placing a stop-profit and stop-loss order. When the trigger price is reached and the corresponding order is generated, the user's funds will be frozen.
Notice:
- For both buy and sell stop-profit and stop-loss orders, the trigger price can be higher or lower than the trigger price.
- When the trigger price has not been reached, the limit/market order will not take effect, even if the price reaches the order price earlier than the trigger price;
- When the trigger price is reached, it only means that the limit order will automatically take effect, but it does not mean that the limit order will be executed immediately. After a limit order is activated, it will only be executed if its execution conditions are met.
The stop-profit and stop-loss order placing and order information pages are as follows:
Users can choose market price take profit and stop loss orders or limit price take profit and stop loss orders according to their needs.
When the user selects the market price stop-profit and stop-loss order to buy, the trigger price and transaction amount need to be set.
When the user selects the market price stop-profit and stop-loss order to sell, the trigger price and quantity need to be set.
When the user selects a limit-price, stop-profit, and stop-loss order to buy, he or she needs to set the trigger price, order price, quantity/transaction volume.
When the user selects a limit-price, stop-profit, and stop-loss order to sell, he or she needs to set the trigger price, order price, quantity/transaction volume.
After the user successfully places a stop-profit and stop-loss order, the information of the order can be viewed when placing the current order - take-profit and stop-loss order.
After the order is triggered, you will enter the historical order page and generate a limit/market order.
2. Instructions for stop-profit and stop-loss operations.
Users can set a stop-profit and stop-loss in advance for the assets to be purchased when placing a limit order/market order. When the limit order is fully executed, the system will immediately place a stop-profit and stop-loss order at the preset trigger price and order price. With take-profit and stop-loss, this period only includes buying with take-profit and stop-loss.
After the limit order is fully executed, the system-ordered take-profit and stop-loss will be in the "Current Order - Take-Profit and Stop-Loss" list. Take profit and stop loss can be revoked at any time before taking effect.
When placing a limit/market order to buy, check Take Profit and Stop Loss, click Buy, and enter the pop-up box to set specific Take Profit and Stop Loss parameters.
Take profit and stop loss are divided into market price take profit and stop loss and limit price stop profit and stop loss. Users can set only take profit or stop loss, or both.
If the user chooses to quote limit price, take profit and stop loss, both the trigger price and the order price need to be set.
In limit/market orders, you can view the accompanying stop-profit and stop-loss information.
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