📈Long positions

In this section, a step-by-step guide will explain how to open a long position on perps with leverage.

Click on Perps and than click on 📈Long:

• Enter the name of the ticker you want to long;

• Refresh to get the latest token price;

• Select the amount in dollars or the quantity of tokens you want to long. Minimum order: $15.00;

• Choose the leverage. The maximum usable leverage for each ticker will be displayed;

• Choose the position mode: Cross or Isolated. Detailed guide on the difference between Isolated and Cross positions: https://help.margex.com/help-center/leverage-trading-guide/orders-positions/cross-vs-isolated-margin

• "🎯 Set TP" and "🛑 Set SL" allow you to set a Take Profit and/or Stop Loss;

• Clicking on "🔧 Advanced TP/SL" will open a submenu that allows you to set multiple Take Profit and/or Stop Loss levels using price and percentage format. Example: 25.5$ 30% or 25.5 30;

• Confirm the order;

• When the order is completed, the "PERP TRADING" menu will appear, where you can click on your position's ticker to view all trading data and easily monitor your position.