When trading Derivatives on Bitazza, success isn’t just about predicting the market, it’s also about understanding the numbers behind your trades. Your order metrics give you insight into how your trades are structured, executed, and monitored.
Whether you’re setting up a new trade or reviewing an open one, these metrics can help you stay more informed and make clearer, data-driven decisions.
Here’s a quick breakdown of the key order metrics you’ll find on Bitazza’s Derivatives page:
Entry Price is the price at which your position was opened. Once your order is filled, this value becomes fixed and serves as your official entry point into the market.
You can view this on the Active Order Page to track how far the market has moved from your initial position.
Current Price refers to the live market price of the contract you’re trading. It updates in real time and shows whether the market is moving in your favor or against your position.
While not part of the order setup, this value is crucial for monitoring your trade’s live performance alongside your Entry Price.
Limit Price is the price you set when placing a limit order. It defines the maximum you’re willing to pay (in a buy order) or the minimum you’re willing to accept (in a sell order).
Your order will only execute if the market reaches this price or better, giving you more control over how your order is filled.
Trigger Price is used in conditional or stop-limit orders. It’s the market price that activates your order and sends it to the order book for execution.
Though not applicable to all order types, it’s a useful tool for automating trades when the market hits specific thresholds.
Filled Price is the actual price at which your order is executed. In fast-moving markets, this may differ slightly from your Limit Price due to slippage or partial fills.
It reflects the real execution price and becomes your Entry Price once the trade is live.
Size refers to the notional value of your trade, calculated based on the number of contracts and the price per contract.
It helps you evaluate your level of exposure and tailor your risk management accordingly.
These metrics aren’t just for experienced traders. They’re the building blocks of every order you place.
Whether you’re adjusting your entry price, setting risk parameters, or reviewing trade outcomes, understanding these values gives you more control and clarity throughout your trading journey.
The more familiar you are with your order metrics, the better equipped you’ll be to respond to market shifts and manage your trades effectively.