Conditional Order
Order executed only if specific market conditions are met.
Beginner-friendly explanation
A conditional order is a buy or sell order activated only when a specific price is reached. Example: You set an order to buy Bitcoin only if it exceeds $35,000. If the price reaches that level, the order triggers automatically.
Intermediate-level insight
Conditional orders automate entry or exit from a position at a precise price or based on defined technical conditions (target price, stop loss, breakout). Example: You want to enter a position after a bullish breakout at $1,500 on Ethereum. You set a conditional order that activates only if this condition is met.
Advanced perspective
Advanced conditional orders (Stop-limit, OCO, Trailing Stop) provide essential strategic flexibility for precise risk management and optimized entries/exits in algorithmic or discretionary trading. Example: A professional trader sets an OCO order combining an upward limit order and a downward stop loss to optimize position management according to potential scenarios.
Markets & Order Types
conditional order, automatic execution, stop-limit, OCO, trailing stop, risk management