This video covers Reduce-Only orders on the dYdX platform.
Contents:
0:00 Introduction
0:14 Reduce-Only Orders
0:48 Reduce-Only Example
1:24 How to Enable
1:53 Market and Limit Orders
2:19 Reduce-Only and Take Profit Orders
2:37 Placing Reduce-Only Trades
3:55 Key Takeaways
Glossary:
Reduce-Only Order - An order option, that when enabled, will only execute a trade to reduce your current position. This ensures that an order meant to close a position will not unintentionally create a new position.
Fill or Kill - An optional limit order setting that will only execute the order if the entire order can be placed; partial orders would not be executed.
Immediate or Cancel - An optional limit order setting that will try to execute the limit order immediately; any portion of the order that is not immediately executed will be canceled.
Links:
dYdX Documentation on Reduce-Only Orders: [ Ссылка ]
Disclaimer:
All content is for educational purposes and does not constitute investment advice. dYdX Academy is a dYdX Grant initiative and does not represent dYdX Trading or dYdX Foundation.
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