What order types does the platform support?

Pi42 supports the following order types -

1. Market Order - A request to buy or sell a futures contract at the prevailing market price, ensuring immediate execution.
2. Limit Order - An instruction to buy or sell a futures contract at a specific price or better, ensuring execution at the desired price or a more favourable one.
3. Take Profit (Order Modification) - A predetermined price level set by a trader at which an open position will automatically be closed to lock in profits.
4. Stop Loss Limit (Order Modification) - A predefined price level set by a trader at which an open position will automatically be closed to limit potential losses.

Order modification in crypto futures trading allows traders to adjust the price, quantity, or type of their existing orders to adapt to changing market conditions and trading strategies. It provides flexibility and control over open positions and entry/exit points.