About reduce-only:
In one-way position mode, conditional orders such as take-profit and stop-loss orders can also be set to reduce-only. If the position has already been closed when the order is triggered, this prevents a new position from being opened in the opposite direction.
Reduce-only acts as a safety feature for closing orders: regardless of the order quantity entered, it can only reduce the current position to zero at most.
$BTC 83691.13(-0.41%)
#BTC
In one-way position mode, conditional orders such as take-profit and stop-loss orders can also be set to reduce-only. If the position has already been closed when the order is triggered, this prevents a new position from being opened in the opposite direction.
Reduce-only acts as a safety feature for closing orders: regardless of the order quantity entered, it can only reduce the current position to zero at most.
$BTC 83691.13(-0.41%)
#BTC