How to Place a Trade | Scribe

    How to Place a Trade

    • DTMikeD Swych |
    • 0 step
    Navigate to the [Swych Perpetual Exchange](https://trade.swych.finance/#/trade)
    Connect your wallet\ \ Click here and select "BNB" for live perpetual trading\ \ Click here and select "Testnet" for paper perpetual trading
    If using live perpetual trading, switch your wallets network to "BNB Smart Chain MAINNET" If using paper perpetual trading, switch your wallets network to "BNB Smart Chain TESTNET"
    Select "Long" to enter a long position. Select "Short" to enter a short position
    Select the "Order Type"
    Select "Market" to place a market order, or "Limit" to place a limit order\ \ \*See the "How to Place a Limit Order" guide for steps on placing a limit order
    Select the asset in the "Use" section
    Select the asset to be used as collateral
    Select the asset in the "Position Size" section
    Select the asset to enter a trade on
    Enter the amount of collateral to be used
    Either enter the leverage manually or use the slider to enter the leverage
    *Optional*\ \ To set a "Take Profit" or "Stop Loss" when placing the order, select the box next to "Take Profit / Stop Loss"
    *Optional*\ \ Enter the Take Profit price.\ \ Enter the Stop Loss price.
    Select to open the position
    Select to confirm the opening of the position, and then approve in your wallet
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