Order design is execution design. In perpetual markets, a good directional thesis can still underperform if order choice does not match market conditions. Emofi supports multiple order pathways so users can optimize for speed, price control, or conditional automation.
Market Orders: Certainty of Execution
Market orders prioritize immediate execution against available depth.
Best for:
emergency risk-off actions.
Tradeoff: execution price depends on available liquidity and may vary during volatility spikes.
Limit Orders: Certainty of Price Conditions
Limit orders execute only at specified prices or better.
Best for:
slippage-sensitive strategies.
Tradeoff: no guaranteed fill if market does not revisit target levels.
Trigger-Based Behavior (if enabled)
Conditional instructions activate when trigger conditions are met. These can be used for:
momentum confirmation entries,
preplanned risk responses.
Matching and Validation Path
Before matching, orders are evaluated against protocol constraints such as:
account margin sufficiency,
order validity and market status,
rule-based acceptance checks.
Fills may be full or partial depending on available depth at the time of execution.
Practical Guidance
Use market orders when timing risk is greater than pricing risk.
Use limit orders when pricing risk is greater than timing risk.
Use trigger logic to reduce emotional reaction delay in fast markets.
Execution quality is not one decision at entry; it is an ongoing alignment between order type, market regime, and risk tolerance.
