What's a Scaled order?
A Scaled order is only available on Futures trading and it allows you to enter multiple orders at different price using limit orders. This helps in achieving a more balanced entry and exit strategy, optimizing your potential returns while minimizing risks associated with market volatility.
Checklist
- How do I set Scaled order on OKX?
- Navigate to the Futures trading section and select Futures from the available trading options
- Select Futures from the list of trades
- Select the specific Futures contract you want to trade
- Select the Place order option to open the order placement window
- Select the Placed order field where there are a number of order options are available
- In the order type dropdown menu, select Scaled order as your order type
- Select Scaled order to start your Futures trading
- Set the price range by entering the minimum price
- Enter the total amount of cryptocurrency you'd like to trade and select Equal to configure the amount distribution
- Note: if you select Equal, every order will be executed at the same amount.
Notes
Why should I use Scaled orders for Futures trading?
Risk management: Scaled orders help distribute your risk by spreading out your entry and exit points across a range of prices.
Flexibility: they allow you to take advantage of market fluctuations by placing multiple orders within a specified price range.
Efficiency: automating the placement of multiple orders saves time and reduces the need for constant manual adjustments.
Details follow the official OKX help article; this page is a learning checklist, not an official mirror.
