Telegram Alert
Understanding Position Entry and Exit Alerts on OnlyTradings.com
At OnlyTradings.com, we provide real-time alerts to keep you informed about your trades. These alerts are sent to our traders' respective Telegram channels and cover every significant action related to your positions, from entry to closure. Below is an explanation of the various alerts you might receive, along with examples to help you understand each notification.
1. Position Entry Notification
This alert notifies you when a trader opens a new position. It provides essential details such as the asset symbol, the type of position (LONG or SHORT), the entry price, take profit target, and stop loss level.
Example:
POSITION ENTRY NOTIFICATION
TRADER SIGMA
Symbol: BTCUSDT (LONG)
Entry Price: 29000.00
Take Profit: 31000.00
Stop Loss Price: 28500.00
Terminologies:
Symbol: The asset being traded, in this case, Bitcoin paired with USDT.
Entry Price: The price at which the trader entered the position.
Take Profit: The price target where the trader plans to exit the position to secure profits.
Stop Loss: The price level at which the position will be closed to prevent further losses.
2. Position Closed with a Loss
This alert is sent when a position has been closed with a loss. The position might be closed manually by the trader or triggered automatically by the stop loss order.
Example:
THIS POSITION HAS BEEN CLOSED WITH A LOSS
TRADER SIGMA
Symbol: BTCUSDT (LONG)
Entry Price: 29000.00
Take Profit: 31000.00
Stop Loss Price: 28500.00
Explanation:
Closed with a Loss: Indicates that the position was closed at or below the stop loss price, resulting in a loss.
3. Position Closed with a Profit
This alert indicates that a position has been closed with a profit, either manually or through the take profit order being triggered.
Example:
THIS POSITION HAS BEEN CLOSED WITH A PROFIT
TRADER SIGMA
Symbol: BTCUSDT (LONG)
Entry Price: 29000.00
Take Profit: 31000.00
Stop Loss Price: 28500.00
Explanation:
Closed with a Profit: Indicates that the position reached the take profit target or was manually closed with a profit.
4. Order Cancellation
This notification is sent when an order is canceled, meaning it will no longer be executed as planned.
Example:
THIS ORDER HAS BEEN CANCELED
TRADER SIGMA
Symbol: BTCUSDT (LONG)
Entry Price: 29000.00
Take Profit: 31000.00
Stop Loss Price: 28500.00
Explanation:
Order Canceled: Indicates that the pending order to enter or exit the market was canceled by the trader or due to other conditions.
5. Pending Order Placement
This alert informs you that a pending order has been placed. The order will be executed once the market reaches the specified entry price.
Example:
THIS PENDING ORDER HAS BEEN PLACED
TRADER SIGMA
Symbol: BTCUSDT (LONG)
Entry Price: 29000.00
Take Profit: 31000.00
Stop Loss Price: 28500.00
Explanation:
Pending Order Placed: Indicates that an order is set up to be triggered when the market reaches the entry price.
6. Order Modification
This alert notifies you that an existing order has been modified, either in terms of entry price, take profit level, or stop loss level.
Example:
THIS ORDER HAS BEEN MODIFIED
TRADER SIGMA
Symbol: BTCUSDT (LONG)
Entry Price: * 29000.00 -> 30000.00 *
Take Profit: 31000.00
Stop Loss Price: 28500.00
Explanation:
Order Modified: Highlights the changes made to the order. In this example, the entry price was modified from 29000.00 to 30000.00.
Conclusion
These alerts are designed to keep you fully informed about your trading positions in real time. Understanding these notifications will help you stay ahead in the market and make informed decisions quickly. Whether it's a new position, an order modification, or a position closure, these alerts provide all the essential details you need to manage your trades effectively on OnlyTradings.com.
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