How to Close a Trade as a Stop Order
- DTMikeD Swych |
- 7 steps
1
Navigate to the [Swych Perpetual Exchange](https://trade.swych.finance/#/trade)
2
Under the "Positions" tab, click "Close"
3
Select "Stop"
4
If closing a partial amount of the position, enter in the amount of the position to be closed
5
To close the entire position, click "MAX"
6
To set a TP and/or SL, enter the stop price for the order\
\
To set both a TP and SL, two orders would need to be created. One for the TP price level, and then one for the SL price level.\
\
For long positions using the stop as a TP, the order will fill at or above the entered price. For long positions using the stop as a SL, the order will fill at or below the entered price.\
\
For short positions using the stop as a TP, the order will fill at or below the entered price. For short positions using the stop as a SL, the order will fill at or above the entered price.
7
Click "Create Order" to send the order as a stop order, and confirm the transaction in your wallet
