Bybit
-
冰山订单隐藏的是数量不是交易风险
Bybit 的冰山订单可以降低订单簿可见冲击，但拆单设置和价格限制比隐藏数量这个标签更重要。
-
Iceberg orders hide size, not trading risk
Bybit’s iceberg workflow can reduce visible order-book impact, but split settings and price limits matter more than the hidden-size label.
-
Bybit TWAP 下单前应先写好执行规则
TWAP 可以降低大单冲击，但用于现货或合约前，仍要先确定运行时间、下单频率和停止条件。
-
Bybit TWAP orders need execution rules before size
TWAP can reduce market impact, but traders still need a running time, frequency and stop condition before using it for spot or derivatives.
-
只减仓订单能避免一种常见合约错误
Bybit、OKX和Kraken都介绍了只减仓类设置，但交易者仍要理解触发、成交和保证金限制。
-
Reduce-only orders prevent one common futures mistake
Reduce-only settings on Bybit, OKX and Kraken are designed to close or shrink exposure, but traders still need to understand trigger and fill risk.
-
双向持仓模式应该是仓位计划，不只是一个按钮
Binance和Bybit都区分单向持仓与双向持仓，但同时持有多空仓位只有在退出计划清晰时才有意义。
-
Hedge mode should be a position plan, not a button
Binance and Bybit both distinguish one-way mode from hedge mode, but holding long and short legs at once only helps when the trader has a written exit plan.
-
Bybit 止盈止损应在开仓前成为交易计划的一部分
止盈止损不是下单后的补丁，而是开仓前就要写清楚的失效点、目标位和执行方式。
-
Bybit TP and SL settings should be part of the entry plan
Take-profit and stop-loss controls are most useful when the trader defines invalidation, target and execution type before opening a futures position.