Merkle Trade
  • Merkle Trade
    • Vision & Roadmap
  • Getting Started
  • Trading
    • Opening a Trade
    • Position Management
    • Fees & Price Impact
    • Liquidation
    • Price Feed
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On this page
  • Add Collateral
  • Update SL / TP
  • Position Close / Partial Close
  1. Trading

Position Management

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Last updated 6 months ago

Add Collateral

When you add collateral to an active position, the amount you provide with the add collateral order will be added to your current position. This feature can be helpful if you want to lower your leverage or avoid being liquidated.

Update SL / TP

Both stop-loss (SL) and take-profit (TP) prices can be updated for active positions. When updating, ensure that both prices are set to the desired values as they will be updated simultaneously.

Position Close / Partial Close

You can close your position and receive the position value in a stablecoin (collateral + PnL - fees).

You can also choose to partially close a position by specifying the portion of the position size you would like to close. When you select the "Keep Leverage" option, a amount of collateral will be returned to maintain the same leverage level for the remaining position.

The Add Collateral button is in the Position Tab under the Collateral column.
The Update SL/TP button is in the Position Tab under SL/TP.