What are Time-Weighted Orders and Trailing Orders

A Time-Weighted Order is an algorithmic trading strategy that allows users to split a large order into multiple smaller orders over a set period. These smaller orders are then placed at specific intervals, allowing traders to execute the entire order in parts over time. This strategy helps minimize market impact and potential slippage, which can occur when large orders are executed all at once. 

For more details on using Time-Weighted Orders, please refer to the How to Use Time-Weighted Orders guide. 

 

A Trailing Order is a strategy order that follows the market price. It allows users to preset orders within a certain percentage or price difference from the market price. When the market price fluctuates, the trailing order will adjust accordingly. If the market reverses (pulls back), the order is triggered and executed based on the user's preset conditions. This helps traders lock in profits while maintaining the opportunity to benefit from favorable price movements. 

For more details on using Trailing Orders, please refer to the How to Set Up Trailing Orders guide.