Felix
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Activity overview
Latest activity by Felix-
Felix created an article,
Phemex Pulse Updated Mechanisms
To provide our users with top-notch user experience and constant innovation, we plan to update the mechanism regarding how PhemexPulse points can be converted to PT at 00:00:00 UTC on 2nd April. Th...
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Felix created an article,
How to Use PhemexPulse?
1. Explore Groups 1.1 Click 'Explore Groups' in the left sidebar to either create your own group by verifying your X (Twitter) account, or join existing groups created by others. 1.2 To view group...
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Felix created an article,
What are Time In Force instructions?
These special instructions help a user define how long an order remains active before execution or expiration. The following are three of the most common Time In Force instructions used on our plat...
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Felix created an article,
What is a Post Only order?
Post Only is a special order condition that will only allow your order to be posted when it can enter the Order Book. In other words, this condition is designed to ensure that you will become a mar...
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Felix created an article,
What is a Reduce Only order?
Reduce Only is a special order condition that only allows you to reduce or close a current position you hold. If a Reduce Only order were to increase your position in any way, it will either be imm...
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Felix created an article,
What is a Close On Trigger order?
Close on Trigger is a special order condition that is similar to Reduce Only in that it only allows you to reduce or close, but not increase your positions. In addition, once triggered, this condit...
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Felix created an article,
What is a Bracket Order?
A Bracket Order (BO) is represented by a Limit Order (or primary order [PO]) that comes attached with two exits: a Take Profit (TP) limit order plus a Stop Loss (SL) limit/market order . (Learn How...
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Felix created an article,
How do Limit Orders Fill?
To learn more about Limit Orders, please read What are Limit orders? To help clarify how the limit order fills, we will use our BTCUSD order book as an example. We can tell from the order book th...
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Felix created an article,
How to calculate the average execution price?
If you place an order in a single transaction, it is easy to determine the performance of your investment. Simply calculate your potential PNL by checking the execution price. However, if you pla...
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Felix created an article,
How are Trading Fees Calculated?
All traders are classified either as Market Makers or Market Takers. A market taker, or someone that takes liquidity from our order book, will be charged a 0.06% fee. A market maker, or someone tha...