On the OYI contract trading page, where is the order function located?

To place a trade effectively on OYI's contract trading page, locate the order function within the order box on the right-hand side of the screen, offering options for order type, side, price, quantity, leverage, and order verification.

Jan 26, 2025 at 01:36 pm

Key Points:

• Spotting the Order Function: Identifying the order function on OYI's contract trading page is crucial for executing trades effectively. Follow these steps to locate the order function:

  1. Access the Contract Trading Page: Log in to your OYI account and navigate to the "Contracts" section from the homepage.
  2. Select the Desired Contract: Choose the contract you want to trade from the available list on the left-hand side panel.
  3. Find the Order Box: Once you've selected the contract, an order box will appear on the right-hand side of the screen. This box contains the order function you're looking for.

• Understanding the Order Function: The order function allows you to specify various parameters for your trades. Here's a breakdown of its components:

  1. Order Type: Choose between "Limit Order" or "Market Order" based on your trading strategy.
  2. Order Side: Select "Buy" if you want to enter a long position or "Sell" for a short position.
  3. Price: For limit orders, enter the desired price at which you want to execute the trade. For market orders, this field will be auto-filled with the current market price.
  4. Quantity: Input the number of contracts you want to trade.
  5. Leverage: Adjust the leverage ratio to amplify your potential profits (and risks).
  6. Verification: Before submitting your order, review the details carefully and ensure they align with your trading intentions.
• Placing Your Order: Once you've filled in all the necessary parameters, click on the "Buy/Sell" button to submit your order. Your order will be executed according to the specified conditions.

FAQs:

• Q: Why am I unable to find the order function on the OYI contract trading page?

  • A: Ensure you've logged in to your OYI account and selected the contract you want to trade from the left-hand side panel. If the issue persists, contact OYI's customer support for assistance.

• Q: What's the difference between a limit order and a market order?

  • A: A limit order allows you to execute a trade at a specific price you specify. A market order, on the other hand, executes immediately at the prevailing market price.

• Q: How do I adjust the leverage ratio on OYI?

  • A: The leverage ratio can be modified via the "Leverage" field within the order function. Increase the leverage to amplify profits but proceed with caution as it magnifies potential losses as well.

• Q: How do I verify my order details before submitting it?

  • A: Before clicking on the "Buy/Sell" button, double-check the order type, side, price, quantity, leverage, and total value to ensure accuracy.

• Q: What should I do if my order is not executed as expected?

  • A: Check if there's enough balance in your account to cover the order. Also, verify whether the contract you selected is still available for trading. If the issue persists, reach out to OYI's customer support for further assistance.