Post
Topic
Board Service Announcements
Re: 🚀🎸 DMEX.App - Decentralized Margin Trading (100x leverage, 20+ assets)🔥🔥🔥
by
mxnicula
on 25/10/2019, 08:31:20 UTC
Stop-Limit Orders are now live on DMEX.

A Stop Order is an order that does not enter the order book until the market reaches a certain Trigger Price. Traders use this type of order for two main strategies:

  • As a risk-management tool to limit losses on existing positions.
  • As an automatic tool to enter the market at the desired entry point without manually waiting for the market to place the order.

A Stop-Limit order will become a Limit Order when the Stop Price is reached.