GTK User Documentation
  • What is GTK?
    • Why Use GTK?
  • GTK Protocols
  • GTK Addresses
  • Trading on the GTK platform
    • GTK platform Demo
    • Accessing the Dex
    • Wallet set up
    • Platform Navigation
    • Trader: How to trade
      • Opening a Position
      • Managing Active Trades
      • Pending Trades
      • Trade History
    • Matcher: How to Lend (Countertrade)
      • Depositing and Withdrawing
      • Matching a Trade
      • Hedging a Matched Trade
        • How to hedge a Matched Trade
      • Ongoing Matches
      • Closure of Matched Trade
      • Match History
    • Balances
    • Analytics
    • Fees & Calculations
  • Community Groups
  • Support
  • API Documentation
  • Legal Information
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  1. Trading on the GTK platform
  2. Trader: How to trade

Pending Trades

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Select ‘Pending Trades’ in the top navigation. Positions opened that do not have a lender will be placed in Pending Trades. As per active trades, you can view the parameters set and cancel the pending trade.

Pending trades panel

Definitions:

  • Status – The status of the trade (in this case it will be Pending until it’s activated)

  • Date Opened – Date and time the order is placed (Local Time)

  • Token – The token used to trade with collateral

  • Position – The position taken along with the token the trade is set to

  • Side – The side of the trade – Long (Buy) or short (Sell)

  • Leverage – The leverage applied to the trade

  • Stop Loss – The price in which the trade will be closed if it comes to this price point (protected loss)

  • Take Profit – The price in which the trade will be closed if it comes to this price point for profit

  • Limit Price – The price in which the trade will be opened if it comes to this price point

  • Action (Cancel) – Cancel the pending order