Mastering Standard Orders in Trading

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Which type of order allows you to buy or sell a token immediately at the current market price?

Take profit/TP order

Stop/SL order

Market order (correct)

Limit order

Which type of order allows you to buy or sell a token at a specific price or better?

Market order

Stop/SL order

Take profit/TP order

Limit order (correct)

Which type of order automatically adjusts the stop distance based on the market price?

Stop/SL order

Take profit/TP order

Trailing stop order (correct)

Limit order

Which type of order allows you to buy or sell a token when it reaches a certain price level, but only if it can be executed as a limit order?

Stop-limit order Signup and view all the answers

Which type of order is immediately canceled for any portion that cannot be filled immediately?

Immediate or cancel order Signup and view all the answers

Which type of order must be filled in its entirety immediately, or it will be canceled?

Fill or kill order Signup and view all the answers

Which type of order allows you to buy or sell a token when it reaches a certain price level, but only if it can be executed as a limit order?

Stop-limit order Signup and view all the answers

Which type of order is immediately canceled for any portion that cannot be filled immediately?

Immediate or cancel (IOC) order Signup and view all the answers

What does selecting 'Conditions Reduce only' ensure?

Only an existing position can be reduced and a new position cannot be opened in the opposite direction Signup and view all the answers

What does selecting 'Post only' ensure?

Your order will only execute if it would result in adding liquidity to the order book Signup and view all the answers

What is the best practice for stop losses?

Always select 'Conditions Reduce only' Signup and view all the answers

Mastering Standard Orders in Trading

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Questions and Answers

Which type of order allows you to buy or sell a token immediately at the current market price?

Which type of order allows you to buy or sell a token at a specific price or better?

Which type of order automatically adjusts the stop distance based on the market price?

Which type of order allows you to buy or sell a token when it reaches a certain price level, but only if it can be executed as a limit order?

Which type of order is immediately canceled for any portion that cannot be filled immediately?

Which type of order must be filled in its entirety immediately, or it will be canceled?

Which type of order allows you to buy or sell a token when it reaches a certain price level, but only if it can be executed as a limit order?

Which type of order is immediately canceled for any portion that cannot be filled immediately?

What does selecting 'Conditions Reduce only' ensure?

What does selecting 'Post only' ensure?

What is the best practice for stop losses?

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