Users can view two different prices when trading on Flipster: Mid Price: This is the reference point used to trigger orders in Flipster, including Take-Profit and Stop-Loss orders. Mark Price: This is an estimated true value of a contract and is ...Read more
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The default price shown on the Flipster trading chart is the Mid Price. However, liquidation is triggered by the Mark Price. Once the Mark Price reaches the liquidation price of a position, the position will be liquidated. This means ...Read more
To avoid confusion, ensure you are looking at the correct trading chart. You can switch between the Mid Price and Mark Price charts via the web browser or mobile app. Example:Position: BUY Stop-loss: 60,200 USDT Liquidation Price: 60,000 USDTIf the Mark Price ...Read more
Understanding the differences between Margin and Position Size is crucial for shaping trading strategies and outcomes. Methods to place orders on Flipster:Margin:Pros: Precise control over the margin allocated for each trade. Cons: Quantity of contracts fluctuates based on the opening price.Position Size:Pros: ...Read more
Steps to place Market Orders using Margin:Click on [Market]. Choose the Leverage. Select [Margin]. Input the margin balance under [Margin]. Execute the order by clicking either on Long or Short (depending on your trading direction).Example:Market Price: Instantly buy or sell at the best ...Read more
Steps to place Market Orders using Position Size:Click on [Market]. Choose the Leverage. Select [Position Size]. Input the contract quantity under [Position Size]. Execute the order by clicking either on Long or Short (depending on your trading direction).Note: Price of the symbol ...Read more
Steps to place Trigger Orders using Margin:Click on [Trigger]. Indicate the Trigger Price. Choose the Leverage. Select [Margin]. Input the margin balance under [Margin]. Execute the order by clicking either on Long or Short (depending on your trading direction).Example:Trigger Price: Set a specific price ...Read more
Steps to place Trigger Orders using Position Size:Click on [Trigger]. Indicate the Trigger Price. Choose the Leverage. Select [Position Size]. Input the contract quantity or price under [Position Size]. Execute the order by clicking either on Long or Short (depending on your trading direction).
Time-In-Force (TIF) determines how long an order remains active before it is executed or canceled. Flipster supports three common TIFs:Good Till Cancel (GTC):Description: Remains active until fully executed or manually canceled. Use Case: Commonly seen in maker limit orders, where ...Read more