How to use Stop/Stop Limit Orders?
Last Updated 4 years ago
If you are not sure how to use the Stop/Stop Limit orders then follow this simple step-by-step tutorial below.
Stop Order:
- Navigate and log in to chainex.io
- Navigate to the Markets page by selecting "Markets" on the top right or by selecting the relevant market from the left-hand sidebar.
- Select the "Stop Order" tab above the Buy/Sell order input forms.
- Select/enter all the required/desired information necessary for a Stop order to be completed. For more information on the required information, click here.
- Click the Buy/Sell button below the input.
- Ensure that you are satisfied with the values/information shown on the confirmation loaded.
- If you are satisfied, select the "Yes" button on the confirmation.
- Once you have clicked "Yes", your Stop order will be placed as a pending order until your Stop amount has been reached.
- Once your Stop amount has been reached, your Stop order will be placed as a Market Order.
Stop Limit Order:
- Navigate and log in to chainex.io
- Navigate to the Markets page by selecting "Markets" on the top right or by selecting the relevant market from the left-hand sidebar.
- Select the "Stop Order" tab above the Buy/Sell order input forms.
- Select/enter all the required/desired information necessary for a Stop Limit order to be completed. For more information on the required information, click here.
- Click the Buy/Sell button below the input.
- Ensure that you are satisfied with the values/information shown on the confirmation loaded.
- If you are satisfied, select the "Yes" button on the confirmation.
- Once you have click "Yes", your Stop Limit order will be placed as a pending order until your Stop amount has been triggered.
- Once your Stop amount has been triggered, a Limit Order will be placed in the Order book.
For more information on what is a Stop/Stop Limit order, click here.
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