Introduction of Stop-Limit Orders
HotcoinWhat is Stop Order？
"Stop-profit" order refers to the behaviors that when the prices of curency rises to a certain level or ratio which meets your expectation, users will reduce the position holdings to control profits at a certain level;While the "Stop-loss" order is on the contrary , when the prices of curency falling to a certain level or ratio which is up to the maximum of loss point that you can endure, users will reduce position holdings in time or even do the liquidation to locked the postion and reduce losses.
What Is The Object Of Stop Order ?
The object is exactly the available position holding， which means, the position should be both available and holding by users.
Postion holding means users will get position after opening positions.If the position is not settled or user is holding a short position, this is not belonging to holding a position , users cannot pre-setting the stop-limit orders in such situation.
Position available means the orders that are not settled or ordered, but the position is still holding by users.If user is holding BTC position of 100 conts , and 30 conts of them is setting a ordering close position but still not close, then the available position is 70(Conts), then the 70(Conts) can be setting as stop-limit orders by users.
How To Setting Stop-limit Orders?
