Q: What is a Time Trigger Order?
A: A Time Trigger Order allows users to automatically execute a trade at a specific time. The order will be placed once the set trigger time is reached.
Q: What time zone is used for Time Trigger Orders?
A: Time Trigger Orders are based on the user’s local timezone, ensuring accurate execution based on their system or device settings.
Q: Will my balance be on hold when I place a Time Trigger Order?
A: No, your balance will not be placed on hold when setting up a Time Trigger Order. The order will only attempt execution once the trigger time is reached, and it will require sufficient balance at that moment.
Q: What happens if my balance is insufficient when the trigger time is reached?
A: If you do not have enough balance at the execution time, the Time Trigger Order will fail to execute.
Q: Can I modify or cancel a Time Trigger Order?
A: Yes, you can modify or cancel a Time Trigger Order before it is executed by navigating to the Open Orders section and making the necessary changes.
Q: Does a Time Trigger Order guarantee execution at the exact time set?
A: Execution depends on market conditions and liquidity. While the order is placed at the specified time, the final execution price and time may vary slightly due to market fluctuations.
Q: Can I set a Time Trigger Order for both long and short positions?
A: Yes, you can use Time Trigger Orders to open both long (buy) and short (sell) positions based on your trading strategy.