How to Close a Trade as a Stop Order | Scribe

    How to Close a Trade as a Stop Order

    • DTMikeD Swych |
    • 0 step
    Navigate to the [Swych Perpetual Exchange](https://trade.swych.finance/#/trade)
    Under the "Positions" tab, click "Close"
    Select "Stop"
    If closing a partial amount of the position, enter in the amount of the position to be closed
    To close the entire position, click "MAX"
    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.
    Click "Create Order" to send the order as a stop order, and confirm the transaction in your wallet
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