Stop Profit means when an investor have made profit from the current market, for fear that there may be a loss if the market become worse, he lock in profits and stop trading. When the market is good, since investors have already made profits on their books, stop-profit continually can allow investors to obtain stable returns. In the poor market, stop profit allow investors to take their profits and avoid the loss of falling profits.
Stop loss means when the book loss in the stock market reaches a predetermined amount or proportion, an investor sells in time to avoid further losses caused by further market declines.
After a contract is successfully opened, user can set stop profit / stop loss (shown as below). The user shall preset the trigger price, the order limit price, and the number of closed positions. When the market price reaches the trigger price, the system will automatically generate an order based on the preset order limit price and the number of closed positions.
Field Name Introduction:
|
Field name Meaning |
Meaning |
Required or Not |
|
Trigger price |
When the latest filled price reaches this price, the order will be triggered |
Required |
|
Entrusted Limit Price |
When the order is triggered, it will be sent to the market at the price |
Required |
|
Number of closed positions |
When the order is triggered, the amount of buy / sell |
Required |
|
Expected profit or loss (at commission price) |
Estimated profit and loss value when the order is triggered and filled |
Not |
Stop Profit / Loss Introduction
|
Type |
Application Condition |
Description |
Set reminder |
|
Stop profit by Long position
|
Pump to Dump |
The latest filled price ≥ trigger price, the stop profit order will be triggered; Execute Entrusted price and quantity at limit price |
The trigger price should be higher than the latest filled price, and the Entrusted limit price should be lower than the trigger price |
|
Stop loss by Long position |
Dump continually |
The latest filled price ≤ trigger price, the stop loss order will be triggered; Execute Entrusted price and quantity at limit price |
The trigger price should be lower than the latest filled price, and the Entrusted limit price should be lower than the trigger price |
|
Stop profit by Short position |
Dump to Pump |
The latest filled price ≤ trigger price, the stop profit order will be triggered; Execute Entrusted price and quantity at limit price |
The trigger price should be lower than the latest filled price, and the Entrusted limit price should be higher than the trigger price |
|
Stop loss by Short position |
Pump continually |
The latest filled price ≥ trigger price, the stop loss order will be triggered; Execute Entrusted price and quantity at limit price |
The trigger price should be higher than the latest filled price, and the Entrusted limit price should be higher than the trigger price |
Risk Disclosure: The information does not constitute any investment advice. Investors should not change their personal judgment or make decisions based solely on this information. It does not constitute any trading operation and does not guarantee any returns. Please pay close attention to position control and risk control.