Q: What is Instant Flip?
A: Instant Flip is a feature that allows users to quickly reverse their current open position to a new position in the opposite direction.
Q: What type of order will be placed using Instant Flip?
A: Market Order.
Q: What will be my exit and entry price?
A: The exit price for the closing order and the entry price for the opening order will be based on the Best Bid/Ask Price.
The user is using Instant Flip for a Long position:
Exit Price of the long position will be the Best Bid Price.
Entry Price of the short position will be the Best Bid Price.
Q: What will be the quantity of the position when using Instant Flip?
A: The quantity will be based on the invested funds and include the realized profit or loss of the original position.
Q: What are the benefits of using Instant Flip?
A: Instant Flip is a quick and convenient way to reverse a position, especially in times of market volatility or change in market conditions.