-
Bitcoin
$103,977.5952
-2.87% -
Ethereum
$3,853.4174
-3.90% -
XRP
$2.5053
-2.05% -
Tether USDt
$0.9999
-0.01% -
Solana
$215.8305
-0.47% -
BNB
$714.4728
-0.26% -
Dogecoin
$0.3839
-3.88% -
USDC
$0.9999
0.00% -
Cardano
$1.0226
-3.94% -
TRON
$0.2726
-6.15% -
Avalanche
$46.2704
-5.48% -
Chainlink
$27.1753
-3.51% -
Shiba Inu
$0.0000
-4.66% -
Toncoin
$5.6909
-6.07% -
Sui
$4.4998
-5.56% -
Stellar
$0.4205
-1.98% -
Polkadot
$8.2175
-5.40% -
Hedera
$0.2871
3.32% -
Bitcoin Cash
$520.6412
-2.62% -
Uniswap
$16.2875
1.91% -
Pepe
$0.0000
-7.62% -
Litecoin
$119.7146
2.03% -
UNUS SED LEO
$9.5377
-0.84% -
NEAR Protocol
$6.2003
-6.97% -
Aptos
$12.5361
-10.63% -
Ethena USDe
$1.0010
-0.02% -
Bitget Token
$4.1975
16.26% -
Internet Computer
$11.8654
-5.04% -
Aave
$373.1077
-0.23% -
Dai
$0.9996
-0.03%
How to set a stop loss on OKX contracts
To set a stop loss on OKX Contracts, navigate to the specific contract market, fund your margin account, enter a position, open the order menu, set the stop loss price, adjust the stop loss distance and position reduction percentage if desired, and confirm your order.
Nov 07, 2024 at 02:00 am
How to Set a Stop Loss on OKX Contracts
Stop-loss orders are an essential risk management tool for any trader, and OKX makes it easy to set them up on your contracts. Here's a step-by-step guide:
1. Open the OKX Website or Mobile App:
Go to the OKX website or app and log in to your account.
2. Select the Contract Market:
Hover over "Derivatives" in the top menu and select the contract market you want to trade in, such as "Perpetuals" or "Futures".
3. Choose a Contract:
Click on the specific contract you want to trade, such as "BTC-USD Perpetual".
4. Fund Your Margin Account:
Ensure you have sufficient funds in your margin account to cover the contract's margin requirements.
5. Enter a Position:
- Limit Order: Specify the price and quantity of the contract you want to buy or sell.
- Market Order: Execute an order at the current market price.
6. Open the Order Menu:
Click on "Limit" or "Market" at the bottom of the trading interface to open the order menu.
7. Set the Stop Loss Price:
In the "TP/SL" section, enter the price at which you want your stop loss to trigger. When the market price reaches this level, your position will be automatically closed to limit your losses.
8. Adjust the Stop Loss Distance (Optional):
You can adjust the distance between the entry price and the stop loss price by dragging the "SL" slider.
9. Set the Position Reduction Percentage (Optional):
Indicate the percentage of your position you want to close when the stop loss is triggered. This allows you to partially exit your position while managing your risk.
10. Confirm Your Stop Loss:
Review the details of your stop-loss order and click "Confirm" to place it.
Note: You can modify or cancel your stop-loss order anytime before it is triggered.
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.
-
Concerns Arise Over PENGU Token Distribution and Wallet Activity
- 2024-12-18 16:45:02
-
DTX Exchange (DTX) Is the New Meme Coin Giant, Offering 440% ROI and Replacing Dogecoin (DOGE) and Shiba Inu (SHIB)
- 2024-12-18 16:35:02
-
Description of Pudgy Penguins NFT Coin '$PENGU'
- 2024-12-18 16:45:02
-
JasmyCoin (JASMY): A New Player in the Data Democratization Domain
- 2024-12-18 16:45:02
-
Pudgy Penguins (PENGU) Price Gearing Up Towards A Bullish Trend Reversal After a 54% Drop
- 2024-12-18 16:45:02
-
Shaman Jeon Sung-bae, known as 'The Construction Master,' requested for an arrest warrant
- 2024-12-18 16:45:02
Related knowledge
OKX contract trading process
Nov 14,2024 at 10:32am
OKX Contract Trading Process: A Comprehensive GuideIntroductionContract trading on OKX, a leading cryptocurrency exchange, is a powerful tool for experienced traders seeking to amplify returns or hedge risks. Unlike spot trading, contract trading involves speculating on the future price of an underlying asset, such as Bitcoin or Ethereum, using contract...
How to play OKX perpetual contract
Nov 13,2024 at 12:04pm
How to Play OKX Perpetual ContractIntroductionOKX perpetual contract is a type of derivative contract that allows traders to speculate on the future price of an underlying asset, such as Bitcoin or Ethereum. Unlike traditional futures contracts, perpetual contracts do not have an expiry date, meaning that they can be held indefinitely. This makes them a...
OKX contract trading Explanation
Nov 12,2024 at 03:52pm
OKX Contract Trading: A Comprehensive GuideIntroductionOKX contract trading is a powerful tool available to traders of all experience levels. With the ability to trade a variety of digital assets with leverage, contract trading can provide opportunities to maximize profits while managing risk. This guide will provide a comprehensive overview of OKX cont...
How to play OKX perpetual contracts
Nov 08,2024 at 09:55am
How to Play OKX Perpetual ContractsAn In-Depth Guide to Perpetual Contracts explained via OKX Trading PlatformPerpetual contracts are financial instruments that allow you to speculate on the price of an underlying asset without having to actually own it. They track the price of the underlying asset, so they can be used to hedge against price fluctuation...
How to set a stop loss on OKX contracts
Nov 07,2024 at 02:00am
How to Set a Stop Loss on OKX ContractsStop-loss orders are an essential risk management tool for any trader, and OKX makes it easy to set them up on your contracts. Here's a step-by-step guide:1. Open the OKX Website or Mobile App:Go to the OKX website or app and log in to your account.2. Select the Contract Market:Hover over "Derivatives" in the top m...
Can OKX contracts be withdrawn?
Nov 12,2024 at 04:02am
Can OKX Contracts Be Withdrawn?OKX, a leading cryptocurrency exchange, offers a wide range of contract trading options for its users. However, unlike spot trading, where users can withdraw their assets directly to their personal wallets, contract trading involves leveraged positions that are settled in cash. As a result, contracts cannot be withdrawn in...
OKX contract trading process
Nov 14,2024 at 10:32am
OKX Contract Trading Process: A Comprehensive GuideIntroductionContract trading on OKX, a leading cryptocurrency exchange, is a powerful tool for experienced traders seeking to amplify returns or hedge risks. Unlike spot trading, contract trading involves speculating on the future price of an underlying asset, such as Bitcoin or Ethereum, using contract...
How to play OKX perpetual contract
Nov 13,2024 at 12:04pm
How to Play OKX Perpetual ContractIntroductionOKX perpetual contract is a type of derivative contract that allows traders to speculate on the future price of an underlying asset, such as Bitcoin or Ethereum. Unlike traditional futures contracts, perpetual contracts do not have an expiry date, meaning that they can be held indefinitely. This makes them a...
OKX contract trading Explanation
Nov 12,2024 at 03:52pm
OKX Contract Trading: A Comprehensive GuideIntroductionOKX contract trading is a powerful tool available to traders of all experience levels. With the ability to trade a variety of digital assets with leverage, contract trading can provide opportunities to maximize profits while managing risk. This guide will provide a comprehensive overview of OKX cont...
How to play OKX perpetual contracts
Nov 08,2024 at 09:55am
How to Play OKX Perpetual ContractsAn In-Depth Guide to Perpetual Contracts explained via OKX Trading PlatformPerpetual contracts are financial instruments that allow you to speculate on the price of an underlying asset without having to actually own it. They track the price of the underlying asset, so they can be used to hedge against price fluctuation...
How to set a stop loss on OKX contracts
Nov 07,2024 at 02:00am
How to Set a Stop Loss on OKX ContractsStop-loss orders are an essential risk management tool for any trader, and OKX makes it easy to set them up on your contracts. Here's a step-by-step guide:1. Open the OKX Website or Mobile App:Go to the OKX website or app and log in to your account.2. Select the Contract Market:Hover over "Derivatives" in the top m...
Can OKX contracts be withdrawn?
Nov 12,2024 at 04:02am
Can OKX Contracts Be Withdrawn?OKX, a leading cryptocurrency exchange, offers a wide range of contract trading options for its users. However, unlike spot trading, where users can withdraw their assets directly to their personal wallets, contract trading involves leveraged positions that are settled in cash. As a result, contracts cannot be withdrawn in...
See all articles
