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Polynomial Trade
Polynomial Trade
  • Polynomial Trade
  • Trade points program
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  • Trade
    • Perp
      • Basics of perp
      • Funding rate
        • Funding On Polynomial
      • Orders
      • Leverage
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    • Cross margin
    • Order Types
    • Price oracle
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  • Polynomial Trade 101
    • Opening account and deposit
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    • Open a position
    • Take profit and stop loss orders (TP/SL)
    • Funding Rate Arbitrage
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  • Market order
  • Limit order

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  1. Trade

Order Types

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Last updated 9 months ago

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We currently offer two types of orders: Market Orders and Limit Orders. A Market Order lets you execute a trade at the current market price, while a Limit Order allows you to set a specific price at which you want your trade to be executed.

Market order

A market order is executed at the current market price as quickly as possible when a user places the order. Polynomial Trade uses delayed offchain order for maximize the efficiency of the AMM.

The order will be placed directly after the trader places it, and a keeper bot will execute it.

Limit order

A limit order is an instruction to buy or sell an asset at a specific price or a better one.

Limit orders are often used by investors who want to control the price they pay for a security. They can also be used to set a maximum loss or to protect profits.