As a veteran futures-trading enthusiast of encrypted assets, Gate.io believes that there is a certain methodology for investment needed to achieve steady and long-term performance in the unpredictable and competitive futures market. It is mainly included in the following three aspects:
Here are a few words of advice about the investment concept. “To make friends with time, adhere to the value investment, follow the trend, arrange in a bearish market”. Remember that: there is no one suitable solution for their own. And as for reliable and efficient investment tools, the Gate.io platform is an excellent choice, on which you can achieve one-stop investment, as it enjoys a safe and stable reputation after 9 years of effort and progress.
Now we will interpret the four practical and efficient functions of Gate.io Futures from the definition, the best applicable scenario, and the operation instructions respectively.
Why set an SL/TP?
As the market is volatile and unpredictable, the probability of being correct five consecutive times is below 5%. In order to reduce the losses and improve successful trading, it is necessary to set the SL/TP.
The investment itself is no risk, while out-of-control investment is the biggest risk. Make sure that every position opening follows logic, in other words, make sure you set a stop-loss.
What is the principle of setting SL/TP?
Dynamic stop-loss and static take-profit.
How to set SL/TP?
1)Take-profit and stop-loss after opening a position
When the latest market price (transaction price / marked price / index price) reaches the preset trigger price, the system will place the order according to the order type, price, and quantity set in advance.
Under the “Positions” on the futures trading page, select “SL/TP”, enter the target price and the trigger price, and then click “OK” to complete the setting.
2)Set【Take-Profit and Stop-Loss】when opening a position
When using the market price or limit price to open a position, setting the take-profit price and stop-loss price, especially with the use of limit orders, can control risks very well.
On the futures order page, select “Limit or Market”, fill in the price and quantity, check “Take Profit and Stop Loss”, set “Take Profit and Stop Loss Price” to confirm and open a position.
What is a reverse position opening?
When using this function, the system will close the position at the best market price, and open the position in reverse with the same futures, the same leverage, the same quantity, and the same price.
What is the best application scenario?
It is mostly applied in a situation when the price starts to fluctuate violently and rapidly. At that time traders need to lock profits within the shortest time and by the most convenient operation, while seizing the opportunity to reverse the market at the same time.
How to set reverse position opening?
After placing the order on the futures transaction page, find the “Reverse” function in the “Positions” interface, which can be operated as needed.
As the world’s first futures trading platform with sound quantitative tools, Gate.io Futures not only serves traders with the ultimate manual trading experience, but also provides up to 11 options for futures grid, current arbitrage, and CTA trend strategies. The strategic assets in the operation are more than $2 billion, and more than 1.5 million quantitative strategies are run through robot automatic trading, which greatly frees the hands, overcomes the weakness of subjective trading, and brings steady investment income for platform users.
What is price deviation protection, and what about its function and meaning?
After turning on the function of price deviation protection, when the SL/TP reaches the trigger price, if the price deviation between the latest price of the futures and the marked price exceeds the reasonable threshold set by the system, the SL/TP will be rejected to prevent price fluctuations from affecting the SL/TP. It can effectively avoid losses brought to users due to abnormal price fluctuations in the market.
How to set price deviation protection?
Go to: Futures trading page - setup - price deviation protection - on
Gate.io, as one of the top 6 crypto asset contract trading platforms in the world, is highly reputed by contract enthusiasts worldwide for its secure and stable system performance, abundant liquidity in multiple token, extremely smooth trading experience and colorful events and activities!
Sign up for Gate.io now and start your crypto futures journey!
Disclaimer
This article is for information only and such information provided by Gate.io does not
constitute any investment advice and is not responsible for any of your investments. Content about technical analysis, market judgment, trading skills, trader sharing and so on may involve potential risks, investment variables and uncertainties. This article does not provide or imply any opportunity to guarantee returns.
As a veteran futures-trading enthusiast of encrypted assets, Gate.io believes that there is a certain methodology for investment needed to achieve steady and long-term performance in the unpredictable and competitive futures market. It is mainly included in the following three aspects:
Here are a few words of advice about the investment concept. “To make friends with time, adhere to the value investment, follow the trend, arrange in a bearish market”. Remember that: there is no one suitable solution for their own. And as for reliable and efficient investment tools, the Gate.io platform is an excellent choice, on which you can achieve one-stop investment, as it enjoys a safe and stable reputation after 9 years of effort and progress.
Now we will interpret the four practical and efficient functions of Gate.io Futures from the definition, the best applicable scenario, and the operation instructions respectively.
Why set an SL/TP?
As the market is volatile and unpredictable, the probability of being correct five consecutive times is below 5%. In order to reduce the losses and improve successful trading, it is necessary to set the SL/TP.
The investment itself is no risk, while out-of-control investment is the biggest risk. Make sure that every position opening follows logic, in other words, make sure you set a stop-loss.
What is the principle of setting SL/TP?
Dynamic stop-loss and static take-profit.
How to set SL/TP?
1)Take-profit and stop-loss after opening a position
When the latest market price (transaction price / marked price / index price) reaches the preset trigger price, the system will place the order according to the order type, price, and quantity set in advance.
Under the “Positions” on the futures trading page, select “SL/TP”, enter the target price and the trigger price, and then click “OK” to complete the setting.
2)Set【Take-Profit and Stop-Loss】when opening a position
When using the market price or limit price to open a position, setting the take-profit price and stop-loss price, especially with the use of limit orders, can control risks very well.
On the futures order page, select “Limit or Market”, fill in the price and quantity, check “Take Profit and Stop Loss”, set “Take Profit and Stop Loss Price” to confirm and open a position.
What is a reverse position opening?
When using this function, the system will close the position at the best market price, and open the position in reverse with the same futures, the same leverage, the same quantity, and the same price.
What is the best application scenario?
It is mostly applied in a situation when the price starts to fluctuate violently and rapidly. At that time traders need to lock profits within the shortest time and by the most convenient operation, while seizing the opportunity to reverse the market at the same time.
How to set reverse position opening?
After placing the order on the futures transaction page, find the “Reverse” function in the “Positions” interface, which can be operated as needed.
As the world’s first futures trading platform with sound quantitative tools, Gate.io Futures not only serves traders with the ultimate manual trading experience, but also provides up to 11 options for futures grid, current arbitrage, and CTA trend strategies. The strategic assets in the operation are more than $2 billion, and more than 1.5 million quantitative strategies are run through robot automatic trading, which greatly frees the hands, overcomes the weakness of subjective trading, and brings steady investment income for platform users.
What is price deviation protection, and what about its function and meaning?
After turning on the function of price deviation protection, when the SL/TP reaches the trigger price, if the price deviation between the latest price of the futures and the marked price exceeds the reasonable threshold set by the system, the SL/TP will be rejected to prevent price fluctuations from affecting the SL/TP. It can effectively avoid losses brought to users due to abnormal price fluctuations in the market.
How to set price deviation protection?
Go to: Futures trading page - setup - price deviation protection - on
Gate.io, as one of the top 6 crypto asset contract trading platforms in the world, is highly reputed by contract enthusiasts worldwide for its secure and stable system performance, abundant liquidity in multiple token, extremely smooth trading experience and colorful events and activities!
Sign up for Gate.io now and start your crypto futures journey!
Disclaimer
This article is for information only and such information provided by Gate.io does not
constitute any investment advice and is not responsible for any of your investments. Content about technical analysis, market judgment, trading skills, trader sharing and so on may involve potential risks, investment variables and uncertainties. This article does not provide or imply any opportunity to guarantee returns.