Pro trading - Order types

Term & goal	Function & example
Take-profit Secure profits	Sells 1 affiliate when its value rises above a fixed price. Example: Value 100 €, take-profit at +20 %. Sell at ≥ 120 €.
Trailing stop-loss Let profits run & limit losses	The stop price trails the highs automatically. Sells when value falls from the last high by a defined distance. Example: Value 100 €, trailing stop 15 %. Stop mark is 85 €. If value rises to 120 €, stop mark is adjusted to 102 € (120 € - 15 %).
Criteria-based sale Clean & manage portfolio	Scans your entire portfolio and sells affiliates that meet defined criteria. Can be static or dynamic. Static example: "Sell all affiliates whose success is below 10 %." Dynamic example: "Sell all affiliates whose value has dropped by 10 % or more since yesterday." (portfolio stop-loss)
Stop-limit sale Sale with price guarantee	If value falls to the stop price, a limit order is activated. Sell only if price does not fall below the limit price. Example: Stop at 90 €, limit at 89 €. At 90 € the sell order becomes active, but executes only if achievable price ≥ 89 €. Protects against value loss.

To ensure a clean trading strategy, the following limitations apply:

Category	Limitation
Stop-loss orders Per affiliate	Only one stop-loss variant per affiliate (stop-loss OR trailing stop-loss OR stop-limit sell).
Take-profit orders Per affiliate	One take-profit order per affiliate. Can exist alongside a stop-loss order.
Buy orders Per user	One active order per buy type (limit buy, market buy, stop-limit buy). Max: 3 parallel buy orders.
Portfolio clean-up Per user	Only one active portfolio clean-up is allowed.

Term & goal	Function & example
Limit buy Price-aware buying	Buys affiliates from the market whose ask price is at or below a set limit. Can be combined with criteria (e.g. minimum value). Example: "Buy 5 affiliates for max. 1.50 € each."
Market buy Buy as fast as possible	Buys immediately at the best currently available price from the market, as long as optional criteria (e.g. minimum success) are met.
Stop-limit buy Buy with price guarantee	If value rises to the stop price, a limit order is activated. Buy only if price does not exceed the limit price. Example: Stop at 110 €, limit at 111 €. At 110 € the buy order becomes active, but executes only if price ≤ 111 €.