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Stop-Loss / Take-Profit Orders

PreviousClosing a PositionNextPartial Liquidations

Last updated 2 years ago

You can also set stop-loss and take-profit orders by clicking on the "Close" button and selecting the "Trigger" tab.

After creating a trigger order, it will appear in your position's row as well as under the "Orders" tab; you can edit it the order and change the trigger price if needed.

If you close a position manually, the associated trigger orders will remain open. You would need to cancel them manually if you do not want the order to be active when opening future positions.

Note that orders are not guaranteed to execute, this can occur in a few situations including but not exclusive to:

  • The mark price, which is an aggregate of exchange prices, did not reach the specified price

  • The specified price was reached but not long enough for it to be executed

  • No keeper picked up the order for execution

Additionally, trigger orders are market orders and are not guaranteed to execute at the trigger price.