In this section of the guide, we will address the most common trading errors and explain why you may encounter them. If you have any further questions, don’t hesitate to reach out to us via live chat on cleo.finance.
Insufficient available balance. Create smaller position or increase your balance.
When you receive this error, there can be 2 reasons:
- You don’t have enough balance in your exchange account to open your position.
- The initial margin you set is more than the available balance in your exchange account.
The exchange limits the minimum initial margin size to
You receive this error for 2 reasons:
- You cannot set your initial margin size any negative number or zero.
- You don’t meet the minimum initial margin size requirements. The initial margin size requirements can vary according to exchange accounts and the trading pairs you want to trade.
The exchange limits the minimum position size to
Your required minimum position size is determined by your connected exchange account and the trading pairs of your choice.
The exchange limits the maximum leverage for this asset to
On the leverage part of the volume section, the leverage range can be shown between 1x-125x but the maximum amount of leverage you can set is determined by your exchange and the trading pairs you selected.
The exchange limits the maximum position size to
Your allowed maximum position size is determined by your connected exchange account and the trading pairs of your choice.
The minimum leverage is 1x
This basically means that the allowed minimum leverage is 1x and it cannot be smaller than 1x.
Stop Loss Common Error Messages and Reasons
The Quantity of all your Stop Loss orders must equal 100%
The sum of your all stop losses should be equal to 100%. So that means if you have:
One stop loss; then the quantity should be equal to 100%.
Two stop losses; then the sum of Stop Loss 1 and Stop Loss 2 quantities should be equal to 100%. You can customize the quantities of each stop loss via a slider or by just typing in numbers.The initial Stop Loss cannot be the same as current Market Price
In this error message, it means that the market price of your stop loss and the current market price for the pair you want to trade cannot be the same.
The initial Stop Loss cannot be higher than the Open Price
You will receive this error message when you set your market price higher than the current market price when you are in a long position.
Let’s assume the current market price for BTC/USDT is 47,000 USDT so this means that you cannot set the market price for your stop loss higher than or equal to 47,000 USDT.
The initial Stop Loss cannot be lower than the Open Price
You will receive this error message when you set your market price lower than the initial market price when you are in a short position.
Let’s assume the current market price for BTC/USDT is 47,000 USDT so this means that you cannot set the market price for your stop loss lower than or equal to 47,000 USDT.
The PnL of this Stop Loss cannot be 0
You receive this message when you set your PnL and PnL/Available balance of your stop loss to 0.
Take Profit Common Error Messages and Reasons
The Quantity of all your Take Profit orders must equal 100%
The sum of your all take profits’ quantity should be equal to 100%. So that means if you have:
One take profit; then the quantity should be equal to 100%.
Two take profit; then the sum of Take Profit 1 and Take Profit 2 quantities should be equal to 100%. You can customize the quantities of each take profit via a slider or by just typing in numbers.
The Market Price cannot be less than
This basically means that you cannot set the market price of your take profit less than zero and it cannot be lower than the current market price.
The Market Price cannot be more than
This error message means that the market price you want to set for your take profit cannot be more than what your exchange account allows.
The initial Take Profit cannot be the same as current Market Price
In this error message, it means that the market price of your take profit and the current market price for the pair you want to trade cannot be the same.
The initial Take Profit cannot be lower than the Open Price
You will receive this error message when you set your market price lower than the initial market price when you are in a long position.
Let’s assume the current market price for BTC/USDT is 47,000 USDT so this means that you cannot set the market price for your take profit lower or equal to 47,000 USDTThe initial Take Profit cannot be higher than the Open Price
You will receive this error message when you set your market price higher than the initial market price when you are in a short position.
Let’s assume the current market price for BTC/USDT is 47,000 USDT so this means that you cannot set the market price for your take profit higher or equal to 47,000 USDTThe PnL of this Take Profit cannot be 0
You receive this message when you set your PnL and PnL/Available balance to 0.