CENTRE D'AIDE
How to Stop Loss in Margin Trading【PC】
Publier à 2020-09-21
There are two types of stop loss order on AscendEX: stop limit or stop market.
- A stop-loss order is a buy/sell order placed to mitigate the risk of forced liquidation or potential losses when you are worried that the market might move against your trade.
- For example, your limit buy order of BTC has been filled. To mitigate the risk of forced liquidation or potential losses, you can set a stop limit order to sell BTC.
A. Click on [Stop Limit Order].
B. Enter a stop price and an order price. Stop price should be lower than the previous buy price and current price; order price should be ≤ stop price.
C. Click on [Unwind] and [Sell BTC]. When the stop price is reached, the system will automatically place and fill the order.
![1.jpg](https://asdx.zendesk.com/hc/article_attachments/360094446254/1.jpg)
3. Assume your limit sell order of BTC has been filled. To mitigate the risk of forced liquidation or potential losses, you can set a stop limit order to buy BTC.
4. Click on [Stop Limit Order]:
A. Enter a stop price and an order price.
B. Stop price should be higher than the previous sell price and current price; order price should be ≥
stop price.
C. Click on [Unwind] and [Buy BTC]. When the stop price is reached, the system will automatically
place and fill the order.
![2.jpg](https://asdx.zendesk.com/hc/article_attachments/360094446894/2.jpg)
5. Assume your market buy order of BTC has been filled. To mitigate the risk of forced liquidation or potential losses, you can set a stop market order to sell BTC.
6. Click on [Stop Market Order]:
A. Enter a stop price.
B. Stop price should be lower than the previous buy price and current price.
C. Click on [Unwind] and [Sell BTC]. When the stop price is reached, the system will automatically place
and fill the order.
![10.png](https://asdx.zendesk.com/hc/article_attachments/360091313794/10.png)
7. Assume your market sell order of BTC has been filled. To mitigate the risk of forced liquidation or potential losses, you can set a stop market order to buy BTC.
8. Click on [Stop Market Order]:
A. Enter a stop price.
B. Stop price should be higher than the previous sell price and current price.
C. Click on [Unwind] and [Buy BTC]. When the stop price is reached, the system will automatically place and fill the order.
![9.png](https://asdx.zendesk.com/hc/article_attachments/360093467313/9.png)
Notes:
You have already set a stop loss order to mitigate potential losses. However, you want to buy/sell the token before the pre-set stop price is reached, you can always cancel the stop loss order and buy/sell directly.