網格訂單（前稱︰連續買沽）
什麼是網格訂單（前稱︰連續買沽）？
不管市場價格如何上下波動，不外乎3種形態：上升，整固，下跌。
網格訂單（前稱︰連續買沽）作為程式行為，不依賴人為思考，像漁網一樣，利用市況的波動在區間內低買高賣，可以合理控制倉位，避免追漲殺跌，擁有較強的抗風險能力，區間交易的優點是在整固市況中可以獲得可觀的收益。
網格訂單（前稱︰連續買沽）適合具有基礎持倉，且願意履行區間交易理念的客戶。
操作說明
你判斷某隻股票未來將在一定區間內整固震盪，希望通過高賣低買賺取中間的波動，這時可以通過【智能落盤】-【網格訂單（前稱︰連續買沽）】設置指定條件，下跌時買入，上升時賣出，賺取差價。
讓我們來看看具體操作步驟：
STEP 1 選擇股票
輸入想要進行區間交易的股票，一般選擇基本面較好，價格連續波動且較少發生跳價現象的證券。
STEP 2 設置觸發條件
輸入初始基準價，一般為建底倉的價格，不宜設置過高。
選擇觸發類型，可選擇觸發價差或觸發百分比。根據對股票的升跌分析，填寫適當的價差。當基準價上升指定價差或百分比，將觸發執行賣出方向的委託，當基準價下跌指定價差或百分比，將觸發執行買入方向的委託。
*價差和百分比不宜填寫過小，應考慮到交易費用成本的存在，設置能夠盈利的數值。
填寫價格區間，輸入觸發價格上限及下限後，系統將自動計算出向上及向下的區間距離。
*當股價超過上限或下限後，連續買沽訂單將進入休眠狀態。
STEP 3 設置委託條件
輸入賣出價格及買入價格。目前港股支持最新價、買賣盤一檔及五檔委託下單，美股支持最新價、買賣盤一檔委託下單。
輸入每筆數量，無論是買入或者賣出，每次委託時，均委託相同的數量。
點擊更多設置，可設置最大持倉，最小持倉，及倍數委託。
*倍數委託代表若市況發生跳空高開或者低開時，按照跳躍的區間距離成倍委託相應的委託數量。
STEP 4 選擇有效期並提交訂單
選擇有效期，目前可選擇當天/2天/3天/1周/2周/30天/60天/90天，可通過改單延續有效期。
點擊解鎖交易，提交訂單。已提交的訂單可在智能訂單頁面下查看，可以根據需要對訂單進行修改。
*若網格訂單（前稱︰連續買沽）已經觸發，則不能進行修改，但您可以終止策略。
可下單時間
任何時間
訂單有效期
目前可選擇當天/2天/3天/1周/2周/30天/60天/90天，可通過改單延續有效期。
- Once the condition is triggered, the trading order pre-set by the client will be deemed as a valid order and will be sent to the exchange. As the originator of the order, the client must bear all responsibilities relateing to the trading order. uSmart Securities Limited ("uSmart") will not be liable to the client for any damages or compensation or loss of profits arising therefrom directly or indirectly.
- When the stock price/index level touches the triggering value preset by the client, the conditional order may fail to meet the requirements due to the position, funds, purchasing power and/or financing limit in the client's account at that time, causing the system to be unable to place the pre-set trading order to the exchange for execution. uSmart will not be responsible or guarantee that the customer's preset trading orders will be sent to the exchange for execution. Therefore, before setting a conditional order, the client should confirm the triggering stock price/index level, and also confirm whether the positions, funds, purchasing power and/or financing limit in the account satisfy the relevant requirements so as to avoid failure in sending the order to the exchange for execution.
- When setting a conditional order, the client must also pay attention to the triggering price or trading order price. uSmart may not accept the conditional order or the trading order may not be able to send to the exchange for execution due to factors such as uSmart’s internal risk management, different types of order mechanisms, or limitations from the real-time market price. Therefore, before setting a conditional order, the client should confirm all details of the conditional order are correct and understand the real-time market conditions and stock fluctuations.
- Conditional orders are formulated based on basic market rules and operations. Therefore, before setting a conditional order, the client should clearly understand the functions, features, operational focus and related risks of the conditional order. Since the use of conditional orders is more complicated than general trading orders, it is recommended that the client clearly understand the functions and operations of conditional orders before deciding whether and how to set up conditional orders. The client must bear all risks after setting the conditional order and any direct or indirect losses caused by setting the conditional order, including but not limited to not understanding the execution logic, controlling variables for buying a large number of shares, incorrectly inputting the trigger price or the commission price or other personal operating errors. The client should operate with caution to avoid losses.
- In using conditional orders, there may be errors or delays in the conditional order function due to system failures, network problems or other reasons beyond the reasonable control of uSmart, including but not limited to conditional orders not being triggered accurately, incorrect trigger, not triggered at the price, not triggered at the expiry date, etc. uSmart is not responsible for any direct or indirect losses caused by the above problems.
- Due to the characteristics of electronic trading, the client confirms that the trading order successfully executed using the conditional order may sometimes be inconsistent with the client’s preset conditions. The final execution result is subject to the execution results of the exchange, and the client must bear the relevant consequences and responsibilities.
- If the communication system of the Internet or mobile phone network fails, the computer room or server is damaged or overloaded, or is attacked or invaded by network hackers, viruses, etc., resulting in delays, suspension in trading transactions, Interruptions, errors or incorrect information received by the system preventing the conditional order from triggering all or part of the conditions, uSmart will not be responsible for any direct or indirect losses arising therefrom.
