- Conditional Orders are more suited for experienced traders equipped with higher skills in trading.
You can set a Trigger Price for your 'Conditional order' by using the Last Trade Price or Index Price or Mark price. Your 'Conditional order' will not enter the Order Book unless the respective price option you have set (Last/ Index/ Mark) reaches the Trigger Price.
- When the respective price set reaches the Trigger Price, 1) your limit order will be placed into the Order Book and is ready to be executed 2) your respective order will be executed at the best available market price of Bybit.
You can set the leverage, Trigger Price, Take Profit and quantity. You can also choose between Limit Price / Market Price. Once you set your options, click on 'Buy/Long' or 'Sell/Short'.