📖How to Place a TP/SL Order ?
Last updated
Last updated
Users can set a take profit price and stop limit price for the order or position. If the market reaches that price , TP/SL order will be triggered, and a market order will be placed to decrease or completely close the position.
When placing orders on JOJO, you will be able to set the [Take Profit] and [Stop Loss] orders simultaneously. However, to enable this function, users will need to setup the One-click Trade.
When users click "Buy TP/SL" button, there will be a reminder message and users have to confirm "Enable" the One-click Trade feature.
After that users may choose order type, enter the amount, and click [TP/SL] to set the [Take Profit] and [Stop Loss] prices manually based on the [Mark Price] or [Last Price]. Next, click [Buy/Long] or [Sell/Short] to place the order.
You can check your orders under the [Open Orders] and click [ALL] to choose [TP/SL] to filter orders.
Select [Hide other symbols] will help you filter out your [TP/SL] orders for the current symbol. You can close any individual [TP/SL] order or select [X Cancel All] to close all orders with one click.