Post only
A post-only limit order always rests in the book as a maker order. If it would fill immediately against an existing order, it’s cancelled instead. Use it to make sure you never cross the spread by mistake, for example with a mistyped price.Reduce only
A reduce-only order can shrink or close a position, but it can’t open one, increase one, or flip a long into a short. Use it on any order meant as an exit, such as a limit take-profit. If you close the position some other way first, the reduce-only order has nothing to reduce and can’t open a new position.Stop losses and take profits use reduce only automatically. See Stop Loss and Take Profit.

