What are the differences between the entry mode?
The entry mode, when creating a new smart trade, can be defined as market entry, market entry in range or DCA limit.
What are the differences?
Market entry:
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Makes an immediate market entry order.
RISK WARNING: if you are a signal provider or a lead trader with a high amount of users you are advised not to use plain market orders. Not only it will cause un-even PnL across investors but it may also cause the entry price to surpass target 1 for a portion of the investors.
Market entry in range:
- Makes a market entry when the price is in range. Monitors the price for 48 hours when outside the range. Fires limit orders when there aren't enough offers in the range.
Calculation method: Allocation * (Investment recommendation/100)
DCA limit: This is an investment strategy that reduces the volatility of an initial investment into several smaller entries.
- Place from 1 to 3 limit orders with custom investment distributions.
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At the moment the signal is published, Anny automatically creates the LIMIT entry orders and they will remain open until the defined prices are reached and filled by the exchange.
Calculation method for each entry: Position size * the defined percentage.
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