[I set a buy order at a target price of $95, but the price at execution was $92—what happens then?] @pacifica_fi Pacifica’s Print Long opens a position at the target price when the mark price at the end of a fixed cycle is below the target. In this case, you would enter at $95, meaning you may start with an unrealized loss. Any profits accrued during the waiting period must be considered alongside this potential loss. The numbers below are hypothetical examples meant to illustrate the structure—they are not actual returns or trading outcomes for any product. Suppose you set a Print Long with a target price of $95 and a 24-hour cycle when the initial mark price was $100. The outcome depends on the mark price at cycle end: 1. If the price drops to $94 during the cycle but rises back to $98 by cycle end, no execution occurs. Print evaluates execution solely based on the mark price at cycle end—not whether the target was touched during the cycle. The mark price, used for position valuation, may differ from the last traded price. 2. If the mark price at cycle end is $95 or lower, a long position opens at the target price of $95—even if the closing price is $92, your entry price remains $95. 3. If no execution occurs and no cancellation or liquidation takes place, the order automatically renews for the next cycle. The target price is not retained as $95; instead, it resets to a new price at the same proportional distance from the new market price. Since your initial distance was 5%, if the new market price is $98 upon renewal, your new target becomes $98 × 0.95 = $93.10. Now let’s continue with the example where the cycle ends at $92. If you selected an initial deposit of $100 with 2x leverage, your position’s notional size is $200. At a target price of $95, your position size is approximately 2.1053 units. Immediately after execution, if the mark price is $92, your unrealized P&L is roughly ($92 - $95) × 2.1053 = -$6.32. This calculation excludes fees and funding costs and does not represent a realized loss—it will change based on future price movements. If, hypothetically, you accrued $0.30 in profits during that cycle, your net result would be approximately -$6.02 when combining the two amounts. Note: The $0.30 is purely illustrative and does not reflect actual payouts or typical return levels. The final outcome depends entirely on post-entry price action and associated costs. Profits are accrued at the start of each cycle as margin for your order. Payment amounts vary based on the distance between target and market price, leverage, and volatility—and are calculated based on your original deposit, not cumulative accrued profits. Accrued profits remain locked as margin while the order remains active. Profits are paid regardless of whether execution occurs; requesting cancellation does not erase profits already earned during an ongoing cycle. Unlike standard limit orders—which may execute immediately when matching counter-orders are available—Print does not execute until cycle end, even if the target is reached earlier. Execution is determined solely at cycle end. Cancellation timing also differs: Even if you request cancellation, the system still evaluates execution at the end of the current cycle. If conditions are met at that point, your position may still open despite having requested cancellation. Liquidation risk also exists: Higher leverage increases sensitivity to adverse price moves and may result in loss of both your deposit and accrued profits. When using Print, first confirm three things beyond the displayed profit: Can you afford to lock up your funds until cycle end? Is the renewed target price still an acceptable entry level? Can you tolerate potential unrealized losses if the mark price moves beyond your target during evaluation? Official documentation: https://t.co/QKJtyymynO #Pacifica #Print