Benefits of Real-Time Order and Trade Monitoring with WebSocket

What are the benefits of using the websocket for managing orders and trades?

Utilizing the WebSocket for orders and trades offers significant advantages for traders. It provides real-time updates on your orders, executed trades, and current positions. This immediate flow of information enables you to make timely and informed decisions, enhancing your ability to react swiftly to market movements. It also helps in closely monitoring the progress and performance of your trading activities, ensuring a seamless and efficient trading experience.