Trading in cryptocurrency involves risk and potential losses. Before ...Read more
Tag: Cryptocurrency
Cryptocurrency is digital money using blockchain technology, allowing fast, secure, and decentralized transactions without banks or middlemen.
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
Max Slippage is the predefined threshold that determines the maximum allowable difference between the trigger price and the upper or lower limit executed price of a trade. It prevents excessive slippage during market volatility, ensuring orders are not executed at ...Read more
Follow these steps to check Max Slippage on the Flipster app:Go to [Settings]:Click on [Contracts]. This opens up a mobile web version of Flipster.Search for the symbol/contract:Use the search bar or click on the symbol/contract.Check the Contract Specification:Scroll down ...Read more
Close Custom Amount allows users to partially close an open position, offering flexibility in managing trades.