Order Types
Market
An order that executes immediately at the current market price.
Limit
An order that executes at the selected limit price or better.
Take Profit/Stop Loss (TP/SL)
A TP/SL order closes your position once a specified profit or loss is reached
Stop Market
A market order that activates when the price reaches a defined stop level.
Can be used for breakout trades.
Also helps to limit losses and lock in profits.
Stop Limit
A limit order that activates when the price reaches a defined stop level.
Similar to Stop Market, but only executes up to a pre-set limit price to ensure favorable entries.
Scale [COMING SOON]
Multiple limit orders placed within a specific price range.
Can distribute orders evenly within the range.
Can skew orders so more are placed near the starting price.
Can skew orders so more are placed near the ending price.
TWAP [COMING SOON]
A large order broken into smaller sub-orders and executed at set time intervals.
Each sub-order has a maximum slippage of 3%.
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