📉Short Positions

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

Click on Perps and than click on 📉Long:

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

  • Refresh to get the latest token price;

  • Select the amount in dollars or the quantity of tokens you want to short. 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.

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