Crypto Exchanges

Bitfinex – OCO Orders (One Cancels Other)



Introduction to OCO Orders on Bitfinex. Trade more precisely with less micro managing using “one cancels the other” orders.

The OCO order option allows you to place a pair of orders where if one order is executed (fully or partially) then the other is automatically canceled. An OCO order combines a stop order with a limit order and allows you to place both take profit and stop loss targets for your position

Get started with OCO orders on https://www.bitfinex.com.

source

6 Comments

  1. can someone answer pls , for example ,I had 1 btc and I opened margin long position one month ago with btc price 6.000 usd without any funding . now I have profit. will the margin position stay forever if I dont close it ? and what about short position ? will this margin positions stay forever as long as deposit is enough ?

  2. How about "one creates another"? I would love to be able to automatically set a stop loss when an order is filled to enter a position.

Back to top button