Positions

How to manage your positions

Closing your position

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

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