Reduce-only order
A reduce-only order can only shrink or close an existing position, never open or flip one, so a closing order cannot accidentally open the other side. Order types on Mochatrade; the order panel in one trade.
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In the help centreLearn what a perpetual contract is on MochatradeRelated terms
- TP/SL (take profit and stop loss)TP/SL is a take profit and a stop loss attached to a position, closing it at a target or a limit you set at entry.…
- Isolated marginIsolated margin ties a fixed amount of margin to one position, so that position can only lose what you gave it and the…
- Mark priceThe mark price is the price a venue judges your position by, for unrealised profit and liquidation, built from the…
- Unrealised P&LUnrealised P&L is the profit or loss on an open position at the mark price; it becomes realised when you close. Where…
- Limit orderA limit order buys or sells only at your price or better. You control the price, the market decides whether you trade…
- Market orderA market order buys or sells immediately at the best price available. It always fills, but at the ask if you buy and…
Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.