Users can place orders with pre-set TP/SL. Once the order is filled, the system automatically attaches TP/SL to the position, triggering auto-liquidation when prices hit targets—no manual monitoring needed.
Advantages
Auto-Execution: Activates instantly after filling, eliminating real-time tracking.
Error Reduction: Prevents unsecured positions due to oversight.
Disciplined Trading: Enforces strategy without emotional interference.
Limitations
Requires Clear Plan: Parameters must be predefined.
Extreme Market Risks: Slippage or failed execution during high volatility.
FAQs
Q1: Can TP/SL be modified after submission?
Yes, adjust via "Current Orders - Conditional Orders" section.
Q2: Can I set only TP or SL?
Supported. Flexibly adapt to your strategy.
Disclaimer & Risk Warning
All trading tutorials provided by BitDa are for educational purposes only. The content, opinions, and analyses contained therein are for reference and shall not be construed as investment advice, nor as recommendations, offers, or solicitations to buy or sell any financial products. Investors must make independent judgments based on their own investment objectives, financial situation, and risk tolerance, and shall bear all investment risks themselves. BitDa shall not be held liable for any trading decisions made by users.
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