# Single order

## Position opening (create order)

{% embed url="<https://youtu.be/zddjdz1yWzw>" %}

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/f0e6f26b-0df7-4b97-89eb-0c6529cf3ad2/image.png" alt=""><figcaption></figcaption></figure>

To place a single order, follow these steps:

1. Open currency pair chart
2. Select "New **LONG**" or "New **SHORT**"
3. Choose the "1" order symbol (single order is selected by default)
4. Select [order type](https://docs.finandy.com/trading/create-order-grid/order-types)
5. Enter price, if necessary
6. Enter the amount or volume (= amount x price) of the order
7. Click <mark style="color:green;">**"Open LONG"**</mark> or <mark style="color:red;">**"Open SHORT"**</mark>

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/43bf6f51-5af9-4be3-b916-49ebff2eca04/image.png" alt="" width="375"><figcaption></figcaption></figure>

## Position averaging (DCA)

{% embed url="<https://youtu.be/5xo3NYvEXwA>" %}

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/17f6119a-071e-4096-9cce-9e583bfb6819/image.png" alt=""><figcaption></figcaption></figure>

To average a position, follow these steps:

1. Open currency pair chart to add tokens to an already opened position.\
   Clicking token name in opened position row opens corresponding currency pair chart as well.
2. Select <mark style="color:green;">"</mark><mark style="color:green;">**LONG**</mark><mark style="color:green;">"</mark> or <mark style="color:red;">"</mark><mark style="color:red;">**SHORT**</mark><mark style="color:red;">"</mark>, based on opened position direction
3. Select the "1" symbol order (a single order is selected by default)
4. Select [order type](https://docs.finandy.com/trading/create-order-grid/order-types)
5. Enter price, if necessary
6. Enter order amount or volume, or % gap (after averaging from current price)
7. Click <mark style="color:green;">"</mark><mark style="color:green;">**Open LONG**</mark><mark style="color:green;">"</mark> or <mark style="color:red;">"</mark><mark style="color:red;">**Open SHORT**</mark><mark style="color:red;">"</mark>

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/504896bb-297a-46d6-8522-28ffd35ed6fd/image.png" alt="" width="375"><figcaption></figcaption></figure>

## Partial position closing

{% embed url="<https://youtu.be/yRkGHTDjBC8>" %}

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/f794b697-86da-4d32-a340-ca48c60e1711/image.png" alt=""><figcaption></figcaption></figure>

To partially close or reduce a position, follow these steps:

1. Open currency pair chart for opened position
2. Select "<mark style="color:green;">**LONG**</mark>" or "<mark style="color:red;">**SHORT**</mark>", based on the opened position direction
3. Select the "1" symbol order (a single order is selected by default)
4. Select [order type](https://docs.finandy.com/trading/create-order-grid/order-types)
5. Enter price, if necessary
6. Enter the order amount or volume as % of the total position
7. Switch to "Close/reduce"
8. Click <mark style="color:red;">"</mark><mark style="color:red;">**Close LONG**</mark><mark style="color:red;">"</mark> or <mark style="color:green;">"</mark><mark style="color:green;">**Close SHORT**</mark><mark style="color:green;">"</mark>

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/babc4dca-9eb9-47d9-9f07-f86924f851bb/image.png" alt="" width="375"><figcaption></figcaption></figure>

## Total position closing

A position can be fully closed in several ways:

* In the order form
* In the positions list
* On the chart

{% embed url="<https://youtu.be/yXIYx4ozK-w>" %}

<figure><img src="https://554260309-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FeAkMGtCw51BYWLVdmuDx%2Fuploads%2FRqqxsZaqJZDplM0Eovu8%2Fimage.png?alt=media&#x26;token=f6e88080-e869-4075-8376-df745f72e49f" alt=""><figcaption></figcaption></figure>

To fully close a position in the order form, follow the steps:

1. Open currency pair chart for opened position
2. Select <mark style="color:green;">"</mark><mark style="color:green;">**LONG**</mark><mark style="color:green;">"</mark> or <mark style="color:red;">"</mark><mark style="color:red;">**SHORT**</mark><mark style="color:red;">"</mark>, based on opened position direction
3. Select the "1" symbol order (a single order is selected by default)
4. Select [order typ](https://docs.finandy.com/trading/create-order-grid/order-types)
5. Enter price, if necessary
6. Select 100% to close position completely
7. Switch to "Close"
8. Press <mark style="color:red;">**"Close LONG"**</mark> or <mark style="color:green;">**"Close SHORT"**</mark>

<figure><img src="https://554260309-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FeAkMGtCw51BYWLVdmuDx%2Fuploads%2Fiqf9dW8GUk3D16lok5YF%2Fimage.png?alt=media&#x26;token=9cf07e74-f468-4b8e-8a5a-c5b40b5b5208" alt="" width="322"><figcaption></figcaption></figure>

### In Position List

To close a position via the positions list, click on the "X" symbol.

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/927eb9c3-b825-4897-999d-469b10f70799/image.png" alt=""><figcaption></figcaption></figure>

### On chart

To close a position on the chart, click on the "X" symbol on the breakeven line.

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/2bbabe97-6548-4d33-9a30-c40e31b8f1da/image.png" alt=""><figcaption></figcaption></figure>

### Display setting

Adjust Close position button visibility in "**Settings/Trading".**

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/4a442824-afc9-4186-9b81-da272b2887db/image.png" alt=""><figcaption></figcaption></figure>

## Position reversal

{% embed url="<https://youtu.be/qNzL6nDhlWY>" %}

{% hint style="info" %}
Reversing position requires deactivating Hedge mode and closing all open positions.\
![](https://554260309-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FeAkMGtCw51BYWLVdmuDx%2Fuploads%2FHnLzzNjYLk6EUnbolgXs%2Fimage.png?alt=media\&token=0d4fbf12-f7a9-4272-9d35-5e78dc3d37b5)\
Reversing positions is limited to Futures Market.
{% endhint %}

Change "Reverse" button display in **Settings/Trading.**

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/030548eb-8aec-4872-9b78-ba85d8ea26e0/image.png" alt=""><figcaption></figcaption></figure>

<figure><img src="https://554260309-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FeAkMGtCw51BYWLVdmuDx%2Fuploads%2FEMcejFDXmyV6Oq34jgAs%2Fimage.png?alt=media&#x26;token=ea6d002f-3feb-44ba-9d63-94a4b0495178" alt=""><figcaption></figcaption></figure>

Two Reverse options available in this setting:

<figure><img src="https://554260309-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FeAkMGtCw51BYWLVdmuDx%2Fuploads%2FGmjCZjYsycoymvngtn1F%2Fimage.png?alt=media&#x26;token=61199110-8272-4f8b-a849-3c36901baff3" alt=""><figcaption></figcaption></figure>

1. **Reverse position amount by 2.** \
   Example: You have an opened **LONG** position of **100** tokens and you decide to reduce it to **50** tokens and then reverse it. Clicking "Reverse" button, will close your current 50-token **LONG** position and open a  **50** token **SHORT** position.
2. **Reverse position amount + open position amount.**\
   Example: You have an opened **LONG** position of **100** tokens and you decide to reduce it to **50** tokens and then reverse it. Clicking "Reverse" button, will close your current **50**-token **LONG** position and open a **100**-token **SHORT** position while keeping the OPEN module parameters.

### In Position list

To reverse a position via the positions list, click on the "↑↓" symbol.

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/608a9f57-8339-4afe-b9bb-48bf207bf442/image.png" alt=""><figcaption></figcaption></figure>

### On chart

To reverse a position, click on the "↑↓" symbol on the chart, on the breakeven line.

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/9a976466-c3b9-4a66-bcd3-b73c2e48f822/image.png" alt=""><figcaption></figcaption></figure>

### Display setting

Adjust "Reverse position" button visibility in **"Settings/Trading".**

<figure><img src="https://t24536365.p.clickup-attachments.com/t24536365/904471a3-4d99-4057-88b2-7b14cc542d62/image.png" alt=""><figcaption></figcaption></figure>

**Do you have any questions? We can help you in our Telegram chat.**

{% embed url="<https://t.me/finandy>" %}