How to View Historical Orders?
After placing an order, how can you check its status and history?
- Pending Orders: If the order hasn’t been executed, navigate to the Current Orders section under the Trading tab.
- Completed Orders: For filled orders, check Open Positions.
- Historical Records: Click the clock icon on the right to access Historical Orders for past transactions.
Key Terms Explained
Latest Price, Index Price, and Mark Price: Differences and Significance
In trading interfaces, you’ll encounter three price types:
- Latest Price: Real-time execution price from the order book.
- Index Price: Weighted average from multiple major exchanges (e.g., USD index for crypto-backed contracts).
- Mark Price: Used for liquidation calculations, reducing price manipulation risks.
👉 Master these concepts to optimize your trades
Chart Patterns: Spotting Trends
Head-and-Shoulders Top: A Reversal Signal
A classic bearish pattern resembling a human silhouette:
- Left Shoulder: Initial peak followed by a dip.
- Head: Higher peak with another decline.
- Right Shoulder: Lower peak signaling trend reversal.
Example: Ethereum’s USD chart often exhibits this pattern before downtrends.
Trading Strategies
Spot Martingale Strategy
Originating in 18th-century France, this high-probability strategy involves:
- Doubling investments after losses to recover profits.
- Requirement: Deep liquidity to sustain drawdowns.
Arbitrage Order Execution
Why it exists:
- Corrects market inefficiencies by balancing prices across platforms.
- Benefit: Low-risk profits during price discrepancies.
👉 Explore arbitrage opportunities
FAQs
Q1: Can I cancel a historical order?
A1: No—historical orders are immutable records of past transactions.
Q2: How often is the index price updated?
A2: Typically every few seconds, depending on the exchange.
Q3: Is Martingale suitable for beginners?
A3: Caution advised; it requires significant capital to mitigate risks.
Q4: What’s the main risk of arbitrage?
A4: Execution speed; prices may normalize before trades complete.
Disclaimer: Digital assets involve high risks. Consult financial experts before trading. © 2025 OKX. Permitted non-commercial use with attribution.