Positions
How to manage your positions
Last updated
How to manage your positions
Last updated
There are many ways to close positions; we'll start with the easiest.
Liquidations: So you don't know the market as well as you thought, that.s ok, you've hit your liquidation price and your position is now closed.
Market Close:
Press the "Close" button on the far right of your position
Enter the amount you would like to close or hit max to close the full position
Finally use your wallet to confirm the transaction and close your position
TP/SL (Take Profit/Stop Loss)
TP/SL's allow you to automate closing your trade a a price you determine
To set a TP/SL click on the tab below where you choose to long or short
Enter the value of the position you want to close in the first field
Enter the price you want to trigger your order in the second field
Press the "Order" button
Sign the transaction in your wallet
Note that orders are not guaranteed to execute, this can occur in a few situations including but not exclusive to:
The mark price which is an aggregate of exchange prices did not reach the specified price
The specified price was reached but not long enough for it to be executed
The order's size exceeds the remaining position size
No keeper picked up the order for execution