- Bitcoin
$99,286.9600
-2.79% - Ethereum
$3,081.5577
-5.37% - XRP
$2.8072
-5.64% - Tether USDt
$0.9995
-0.04% - Solana
$211.7997
-6.55% - BNB
$645.2893
-3.43% - USDC
$0.9999
-0.03% - Dogecoin
$0.2948
-8.57% - Cardano
$0.8696
-6.33% - TRON
$0.2391
-5.79% - Chainlink
$22.1555
-9.59% - Avalanche
$30.7267
-8.92% - Stellar
$0.3798
-6.65% - Toncoin
$4.6589
-3.75% - Sui
$3.5834
-7.92% - Hedera
$0.2731
-8.65% - Shiba Inu
$0.0...01712
-7.44% - UNUS SED LEO
$9.7236
-0.50% - Polkadot
$5.6396
-9.69% - Litecoin
$115.3559
-5.87% - Bitget Token
$6.5186
-5.33% - Bitcoin Cash
$393.7454
-6.09% - Hyperliquid
$22.6384
-18.24% - Uniswap
$10.4835
-8.54% - Ethena USDe
$1.0000
-0.08% - Dai
$0.9999
0.00% - Pepe
$0.0...01199
-10.18% - MANTRA
$5.1080
-6.37% - NEAR Protocol
$4.0841
-8.46% - OFFICIAL TRUMP
$21.5406
-5.59%
How to set stop loss on Dubai OKX contract
To place a stop loss order on OKX Contract, first select the desired contract and market, then choose the Trigger order type and set the triggering price, reduce-only option, and time in force to define the order parameters.
Oct 19, 2024 at 09:05 pm
How to Set Stop Loss on Dubai OKX Contract
Step 1: Log in to OKX and access the contracts page.
Navigate to the OKX website and log in to your account. Click on the "Contracts" tab on the homepage.
Step 2: Select your preferred contract and market.
From the list of available contracts, choose the one you want to trade. For example, if you want to trade Bitcoin perpetual contract, select "BTCUSDT Perpetual" under the "USDT Margined Contracts" section.
Step 3: Set your stop loss order.
Once you have selected your contract, you will be presented with an order form. Below the "Type" option, select "Trigger".
Step 4: Choose the parameters of your stop loss order.
Trigger Price: This is the price at which your order will be triggered and converted to a market order.
Reduce Only: Enable this option if you want to reduce the position size of your existing order upon triggering.
Post Only: Enable this option to prevent the order from being executed immediately if the market price moves against you.
Time in Force: Choose from the options "GTC (Good Till Canceled)", "IOC (Immediate or Cancel)", or "FOK (Fill or Kill)" to determine the duration of your order.
Step 5: Submit your order.
Once you have set all the necessary parameters, click on the "Buy/Sell" button to submit your stop loss order.
Example:
Let's say you want to place a stop loss order for a BTCUSDT Perpetual contract. Decide to trigger your order at $20,000 and set the reduce only option. Here's how you can do it:
- Go to the OKX website and log into your account.
- Click on the "Contracts" tab and select "BTCUSDT Perpetual".
- Click on the "Buy/Sell" button and select "Trigger" as the order type.
- Set the "Trigger Price" to $20,000 and enable the "Reduce Only" option.
- Choose your preferred time in force (e.g., GTC).
- Click on the "Buy/Sell" button to submit your order.
If the market price of BTCUSDT falls to $20,000 or below, your stop loss order will be triggered and automatically converted to a market order. Your position size will be reduced by the amount specified in the reduce only option.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Bitcoin And Crypto Prices Have Stalled After Soaring Higher Following Donald Trump’s U.S. Presidential Victory
- 2025-02-02 23:30:57
- 5 Zero-Hype Altcoins That Could Yield Life-Changing Profits of Up to 2200% by the End of 2025
- 2025-02-02 23:30:57
- Rexas Finance (RXS) Redefines Asset Ownership, Its Presale Performance Signals Investor Confidence, and Its Potential for Exponential Growth is Compared to Bitcoin's Early Success
- 2025-02-02 23:30:57
- Bitcoin, Ethereum, and Ripple See Notable Downturn, Drawing Attention of Major Investors
- 2025-02-02 23:30:57
- Doge Uprising: The High-Risk, High-Reward Revolution With 10x Potential
- 2025-02-02 23:30:57
- DTX Exchange (DTX) All Set for 300% Growth in Q2 Along With Avalanche (AVAX) and Solana (SOL)
- 2025-02-02 23:30:57
Related knowledge
How to open Binance 100x contract
Feb 02,2025 at 08:24pm
How to Open Binance 100x ContractKey Points:What is a Binance 100x contract?Requirements for opening a Binance 100x contractStep-by-step guide to opening a Binance 100x contractManaging your Binance 100x contractFrequently asked questions (FAQs)IntroductionA Binance 100x contract is a futures contract offered by Binance, a leading cryptocurrency exchang...
How to sell Binance spot
Feb 03,2025 at 12:24am
Key PointsBinance spot trading is a method of buying and selling cryptocurrencies on the Binance exchange. It is a simple and convenient way to trade cryptocurrencies, and it is suitable for both beginners and experienced traders.To sell Binance spot, you will need to create a Binance account and deposit funds into your account. You can then place a sel...
How to play Binance U-based contract
Feb 02,2025 at 08:24am
Key Points:Open a Binance accountFund your accountSelect a U-margined contractSet trading parametersMonitor your positionStep-by-Step Guide to Trading Binance U-Based Contracts:1. Open a Binance AccountCreate a Binance account or log in to your existing account.Complete the required KYC (Know Your Customer) procedures.2. Fund Your AccountYou can fund yo...
How to use the deposit address on Binance
Feb 02,2025 at 01:54pm
How to Use the Deposit Address on BinanceKey Points:Understanding Binance deposit addressesGenerating a new deposit addressConfirming a deposit addressDepositing funds to a Binance addressFrequently asked questionsUnderstanding Binance Deposit AddressesA Binance deposit address is a unique crypto address assigned to your Binance account for receiving cr...
How to clear transaction records on Binance
Feb 02,2025 at 02:18pm
Key Points of Clearing Transaction Records on BinanceUnderstanding Transaction RecordsDeleting Transaction Records from BinanceFAQ (Frequently Asked Questions)Understanding Transaction RecordsTransaction records provide a comprehensive record of all trading activities and account movements on Binance. They serve as an essential tool for keeping track of...
How to open contract trading on Binance
Feb 02,2025 at 05:54am
Key Points:Understand the basics of contract trading.Choose the right trading pair.Set up your trading account.Place your order.Manage your risk.How to Open Contract Trading on Binance: A Step-by-Step Guide1. Understand the Basics of Contract TradingContract trading is a way to bet on the future price of cryptocurrencies. It involves entering into a con...
How to open Binance 100x contract
Feb 02,2025 at 08:24pm
How to Open Binance 100x ContractKey Points:What is a Binance 100x contract?Requirements for opening a Binance 100x contractStep-by-step guide to opening a Binance 100x contractManaging your Binance 100x contractFrequently asked questions (FAQs)IntroductionA Binance 100x contract is a futures contract offered by Binance, a leading cryptocurrency exchang...
How to sell Binance spot
Feb 03,2025 at 12:24am
Key PointsBinance spot trading is a method of buying and selling cryptocurrencies on the Binance exchange. It is a simple and convenient way to trade cryptocurrencies, and it is suitable for both beginners and experienced traders.To sell Binance spot, you will need to create a Binance account and deposit funds into your account. You can then place a sel...
How to play Binance U-based contract
Feb 02,2025 at 08:24am
Key Points:Open a Binance accountFund your accountSelect a U-margined contractSet trading parametersMonitor your positionStep-by-Step Guide to Trading Binance U-Based Contracts:1. Open a Binance AccountCreate a Binance account or log in to your existing account.Complete the required KYC (Know Your Customer) procedures.2. Fund Your AccountYou can fund yo...
How to use the deposit address on Binance
Feb 02,2025 at 01:54pm
How to Use the Deposit Address on BinanceKey Points:Understanding Binance deposit addressesGenerating a new deposit addressConfirming a deposit addressDepositing funds to a Binance addressFrequently asked questionsUnderstanding Binance Deposit AddressesA Binance deposit address is a unique crypto address assigned to your Binance account for receiving cr...
How to clear transaction records on Binance
Feb 02,2025 at 02:18pm
Key Points of Clearing Transaction Records on BinanceUnderstanding Transaction RecordsDeleting Transaction Records from BinanceFAQ (Frequently Asked Questions)Understanding Transaction RecordsTransaction records provide a comprehensive record of all trading activities and account movements on Binance. They serve as an essential tool for keeping track of...
How to open contract trading on Binance
Feb 02,2025 at 05:54am
Key Points:Understand the basics of contract trading.Choose the right trading pair.Set up your trading account.Place your order.Manage your risk.How to Open Contract Trading on Binance: A Step-by-Step Guide1. Understand the Basics of Contract TradingContract trading is a way to bet on the future price of cryptocurrencies. It involves entering into a con...
See all articles