One-Click Reversal Trading on CoinCatch

CoinCatch supports a one-click reversal feature, allowing users to quickly open a position in the opposite direction when anticipating a market reversal or needing to execute a reverse operation for quick stop-loss/take-profit objectives.

What is reversal trading?

It involves closing the existing position at the market price and opening a new position in the opposite direction with an equal quantity. If the funds are insufficient to open the same number of positions, the positions will be opened according to the maximum available quantity. Reversal operation may not be 100% successful due to margin, market conditions and other factors.

Two methods for reversal trading:

1. Reversal with existing orders: The reversal quantity equals the total position quantity, using available remaining positions first. If there are insufficient remaining positions, cancellation operations will be initiated from the existing orders, following a first-in, first-out principle.

2. Reversal without including existing orders: The reversal quantity equals the available quantity, and it does not cancel existing pending orders.

How to set reversal trading?

1. Web

Just go to "Position" -> "Reversal". In the pop-up window, review order details including opening price, position quantity, etc., then click "Confirm" to execute the reversal trade.

2. App

Likewise, go to "Position" -> "Reversal" and click "Confirm" to execute the reversal trade after reviewing the order details.