Actions After Opening a Trade

After initiating a trade (opening a position) in TonTrader, a trader can perform the following actions:

  • Monitor the open trade on the price chart

  • View comprehensive trade details:

The trade direction (Buy/Sell), opening date and price, position size (amount and volume), leverage used, commission (fees), and the current unrealized profit/loss (P&L).

  • Set, modify, or delete Take Profit (TP) and Stop Loss (SL) orders (more details here)

  • Increase the trade amount

Increasing the trade amount is executed when there is confirmation of a positive trade forecast, upon reaching key forecast price levels, or as the available capital grows. Additionally, increasing the position size is utilized in "averaging down/up" tactics.

  • Increase the leverage

Scaling up leverage can be advantageous if the trader observes a significant confirmation of the price trajectory (or trend). While increasing the leverage serves to amplify potential returns (profit potential), it comes at the expense of a proportionally increased exposure to risk.

  • Reverse the trade direction (Position Flip)

This action immediately closes the current position (Buy or Sell) and simultaneously opens a mirror position in the opposite direction with the same volume. It is utilized by traders upon the emergence of strong reversal signals and/or the breakout of key levels. This feature minimizes slippage between closing the old position and opening the new one, ensuring virtually instantaneous execution.

  • Close the trade to realize the result.

Last updated