OKEx's plan order feature provides powerful trading guarantees for contract users, primarily serving voting purposes. According to platform rules, users can vote on projects using HT tokens. If listed successfully, users receive proportional project tokens with returned HT.
Canceling Plan Orders
To cancel pending plan orders:
- Navigate to "Plan Orders" under the derivatives trading section
- Select the order(s) you wish to cancel
- Click "Cancel Selected"
- Confirm the cancellation
Note: Cancellations are irreversible once confirmed.
Understanding Realized P&L
Realized Profit & Loss refers to:
- Completed trades
- Closed positions
- Settled contracts
Key characteristics:
- Calculated upon position closure
- Represents actual gains/losses
- Distinct from unrealized P&L
Account Types Overview
OKEx offers three trading modes:
| Mode | Description | Best For |
|---|---|---|
| Basic | Single-currency margin | Beginners |
| Single-Asset | Cross-margin within one asset | Intermediate users |
| Portfolio Margin | Multi-currency cross-margin | Advanced traders |
Trading Strategies
When using plan orders:
- Set realistic trigger prices
- Monitor market conditions
- Adjust orders accordingly
- Diversify entry/exit points
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Risk Management
Essential practices:
- Use stop-loss orders
- Manage position sizing
- Avoid over-leveraging
- Monitor market volatility
FAQ Section
Q: How often is realized P&L updated?
A: Realized P&L updates immediately upon position closure.
Q: Can I cancel multiple plan orders simultaneously?
A: Yes, use the bulk cancellation feature in the plan orders interface.
Q: Does canceled plan order affect my account balance?
A: No, cancellation simply removes pending orders without financial impact.
Q: Where can I view my historical realized P&L?
A: Access complete records under "Transaction History" in your account.
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Platform Security Features
OKEx implements:
- Multi-signature wallets
- Cold storage protocols
- Regular security audits
- Two-factor authentication
Conclusion
Understanding plan orders and realized P&L is crucial for effective derivatives trading. Always:
- Review order details before submission
- Monitor active positions regularly
- Maintain disciplined risk management
- Stay informed about market conditions