
Position size, target, leverage and margin allocation are separate controls. Demonstration values.
Position and capital
Existing exposure counts toward Margin balance size. The remainder stays reserved. Reducing exits remain available even when the allocation does not allow new exposure.
Changing an allocation is not a deposit. If the account has insufficient available margin, new orders wait. See Waiting for margin.
Reduce-only
Reduce-only mode cancels this strategy’s orders that would increase exposure and allows orders that reduce it. If the position is long, the remaining strategy orders may all be asks. If it is short, they may all be bids. An empty side is therefore not necessarily a fault.At the liquidation buffer
The Liquidation buffer sets the distance used by the risk rule. At buffer selects the response:Hold quotes does not cancel resting orders. Auto-reduce on liquidation risk is disabled in the current LIVE interface; do not rely on it to close a position automatically.