Long or short
On Liquid Infinity you have the option to either long or short, which you can select on the right hand side in the order form.
A long enables traders to profit off positive price movement, while a short allows traders to profit from negative price movement.
If you open a long position you enter a CFD contract with the hope that the price will increase, generating a profit. If the price were to decrease, you would be at a loss.
If you open a short position you enter a CFD contract with the hope that the price will decrease, generating a profit. If the price were to increase, you would be at a loss.
Entering a position
Once you have chosen long or short you can enter a position. Choose the type of order you would like to use from the four options:
- Limit: A limit order is an order to be executed when market price hits a limit. This limit must be better than market price at the time the order is entered.
- Market: A market order is an order to be executed immediately at the current market price.
- Stop: A stop order is an order to be executed when market price hits a limit. This limit must be worse than market price at the time the order is entered.
- Trailing Stop: A trailing stop order is a stop order with a limit that "trails" after market price.
For more detail on each of these order types, read this help article.
Once you have chosen your order type, enter the relevant information. For a limit order this will include buying price and quantity of order. Choose your limit price based on the current market price and the anticipated movement.
Once you have submitted your order details, check it over and open the position.
How much leverage you can take depends on the size of your position. You can find the maximum leverage you can select in the table below. To change your leverage, simply use the leverage slider.
Once your order has been filled your position will be live. Open orders are shown in the orders tab, and once they are filled you can see your open positions in the positions tab.
Editing or canceling an order
If you would like to edit or cancel an open order, simply change the amounts of the order or choose cancel.
Tracking and editing positions
You can keep an eye on your positions overall performance, and your margin coverage, using this part of the dashboard:
For a more detailed breakdown, use the positions tab. There you can see all of your open positions, and make edits if necessary. Change take profits or stop loss levels, or close positions.
Leveraged trading is a high-risk activity that can result in losses that exceed deposits
Taking on such risk may not be suitable for everyone, which is something you’ll have to decide for yourself.
For an introduction to trading on leverage and associated risks, please read these articles