A trigger order places a trade when the target price is reached.
While similar to a stop order, these type of orders will fill as much as possible, even if you do not have enough equity to fully complete the trade.
Trigger orders don’t use any of your balance while waiting to execute.
Placing an order
To execute a trigger order on OKCoin, go to to the trading section. On the right hand side of the page, click on the order type bar. Select trigger order in the drop down menu.
(Using Spot account as an example)
Trigger orders have two inputs, the trigger price and the order type and price.
The trigger price is the price at which your trigger order will execute.
The order price and type is a follow-on order that gets placed when the trigger is activated. You can choose to place either a market order or a limit order.