Setup · 5 min

Entering a trade from the interface

A walk through the order form: what every field means and which checks run before anything reaches the exchange.

Market or limit

A market order fills immediately at the current price — you are guaranteed to enter, but you do not know the exact price. A limit order sits in the book and waits: the price is known in advance, but the trade may never happen.

The enter button on a signal row pre-fills a limit order at the signal price. The reasoning is simple: price has already moved away from the signal point, and entering at market means entering worse.

Quantity

The quantity field is denominated in the base coin, as Binance requires: for SOLUSDT that is a number of SOL, not dollars. Next to it the service shows the notional value and the required margin — check against those. A switch lets you enter a dollar amount instead, and the service converts it into coins.

Quantity is automatically rounded down to the lot step of the pair. If the rounded value falls below the minimum quantity or the minimum notional, the service refuses before sending and states the exact number.

TP and SL

Levels can be set as percentages or as absolute prices. Percentages are measured from the entry price for a limit order and from the current market price for a market order. Either way an absolute price is what reaches the exchange — percentages exist only in the interface.

Technically these are separate conditional orders of type STOP_MARKET and TAKE_PROFIT_MARKET, flagged to close the whole position and triggered on the mark price. They appear on the exchange right after entry and stay there even if you close the tab.

The service will not let you place a level on the wrong side of the entry, and will not pass through a trigger that would fire immediately: the exchange rejects such an order, which would leave the position unprotected.

Margin and leverage

Cross uses the entire futures balance as collateral; isolated uses only the amount assigned to the position. Isolated caps the maximum loss at one position, cross reduces the risk of premature liquidation but puts the whole account on the line.

Leverage presets above the maximum for the selected pair are disabled automatically — the limit is taken from the exchange itself.

After sending

Read next The trading diary: why and how Read All articles

TradeRadar is a market analysis tool, not financial advice. No trading happens on the platform.