What are conditional orders?
Conditional orders are advanced trading instructions that tell the platform exactly when and how to execute a trade once the specific market conditions you set are met. Instead of manually watching price movements and reacting in real time, you predefine your strategy, allowing your trades to trigger automatically whether the market moves in your favor or against you.
At their core, conditional orders bring structure, discipline, and risk control into the trading process. They help remove emotion from decision-making by ensuring that entries, exits, profit targets, and protective stops are already planned before volatility sets in.
What are the conditional orders available on DragonFi?
- Stop limit
- Trailing stop
- OCO (Order-cancels-other)
- OSO (Order-send-other/Exit Single)
- Exit OCO