WOO X offers three different types of order entry for traders to adjust their positions quickly in various scenarios. Traders can use different order entries according to their needs on the customized trading page. You can find these order entries on the trading page now:
- Order entry X - Adv
- Order entry Y - Pro
- Order entry Z - Basic
- Price Ladder
Let’s take a further look at these order entries.
Order entry X - Adv
Order entry X - Adv is the default entry mode on the standard trading page. For the standard order, you choose the direction, price, and quantity (with percentages) according to your needs.
- Supported order types:
- Limit Order
- Stop Limit
- Stop Market
- OCO
- Trailing Stop
- Supported Advanced Order types (Time-in-Force):
- Post-Only: Post-Only orders will be canceled automatically if the orders could be matched on the opposite side orders.
- IOC: Immediate or cancel (IOC) orders specify that any part of the order that is not immediately filled must be canceled.
- FOK: Fill or kill (FOK) orders are either filled immediately, or they are killed (canceled).
Order entry Y - Pro
Order entry Y - Pro is the default setting in adding the advanced trading page. Traders can choose to make quick trades through the buttons on the buy and sell-side or put the price, and quantity for the limited orders.
You will see the current status of certain pairs through Order entry Y, such as PnL, Positions size, Average open price, and available USDT for trading. (Note: If there’s no position opened on the pair, it will display as Flat.)
- Supported Order types:
- Ask(buy or sell with the lowest ask price)
- Bid(buy or sell with the highest bid price)
- Market(buy or sell with the current market price)
- Limit
- Supported Advanced Order types:
- Market Close: The button allows traders to efficiently exit existing positions at market price. Kindly note that Pending Reduce-only orders will be canceled, but other pending orders will remain
- Reverse: The reverse order is used when a trader wants to reverse the position. For example, you have 100 WOO tokens. After clicking the reverse button, the system will place an order with a negative amount of 200 WOO. In the end, you will get the position of negative 100 WOO.
Order entry Z - Basic
Order entry Z - Basic is a more visualized order type with all advanced settings. Traders need to choose the buy or sell first then put the price, and quantity (A bar you can drag for a certain percentage).
- Supported Order types:
- Limit
- Market
- Stop Limit
- Stop Market
- OCO