Manual Trading

The Trade panel lets you place orders directly without using a strategy. This is useful for one-off trades or managing positions manually.

Opening the trade panel

Open the Trade panel in the right sidebar. You'll see a New Order button and sections for Open Orders, Positions, and Trade History.

Trading modes

Paper mode

Paper mode simulates trades with a virtual balance of $10,000. No real orders are placed. This is a good way to practice placing different order types, including margin and futures, before risking real money.

You can reset your paper balance at any time using the Reset button in the broker status bar at the top of the order form.

Live mode

danger

Live mode places real orders with real money. Make sure you understand the risks before using this mode. Start small.

Live mode places real orders on your connected exchange. You'll need API keys configured with trading permissions.

When you select Live mode, a Testnet toggle appears for exchanges that support it (Binance, Bybit, OKX, and others). Testnet lets you trade on the exchange's sandbox environment with test funds — a good middle ground between paper and real money.

At the moment, live manual trading is available for spot and margin flows. Live futures order entry and position editing are not supported yet.

Product types

Product	Description
Spot	Buy and sell the asset directly
Margin (Isolated)	Trade with borrowed funds, isolated to a single position
Margin (Cross)	Trade with borrowed funds, shared across all positions
Futures (Isolated)	Perpetual futures contracts with configurable leverage in paper mode. Live futures trading is not supported yet.

Not sure which to use?

If you're new to trading, start with Spot in Paper mode. Read the Trading Concepts page to understand the differences before trying margin or futures. Leverage amplifies losses just as much as gains.

Futures trading

Futures lets you open long or short positions on perpetual contracts with leverage. Today, this workflow is available in paper mode. When you select Futures as the product type, the order form changes to show:

• Collateral -- The amount of USDT you're putting up as margin for the position
• Leverage -- The multiplier for your position size (1x up to 125x, depending on the exchange and symbol)
• Position Size -- Calculated automatically: collateral x leverage
• Est. Liq. Price -- The estimated price at which your position would be liquidated

The leverage options shown are based on the exchange's actual per-symbol limits. If an exchange caps BTC/USDT at 50x, you won't see options above 50x.

Side options for futures:

• Long -- You profit when the price goes up
• Short -- You profit when the price goes down

Risk acknowledgment

The first time you select Margin or Futures — whether you're placing a manual order or starting a strategy that uses leveraged blocks — a risk disclosure dialog appears. The dialog lays out the relevant risks (amplified losses, liquidation, funding payments for futures, no guaranteed stop-loss execution, etc.) and asks you to tick a box and confirm before you can proceed.

The acknowledgment is per product type — Margin and Futures are tracked separately — and it persists permanently once given, so you'll only see each dialog once per account. It applies platform-wide: manual trades, paper trading, and live strategies all share the same gate.

Placing an order

1. Click New Order

2. Select your trading mode (Paper or Live)

3. Choose the product type

4. Fill in the order form:

   • Exchange -- Which exchange to trade on
   • Symbol -- The trading pair (e.g. BTC/USDT)
   • Side -- Buy/Sell (spot and margin) or Long/Short (futures)
   • Order Type -- Market or Limit
   • Price -- For limit orders, the price you want
   • Quantity -- How much to buy or sell (spot), or Collateral + Leverage (margin and futures)
   • Stop Loss / Take Profit -- Optional automatic exit prices
   • Time in Force -- GTC (Good 'til Cancelled), IOC (Immediate or Cancel), or FOK (Fill or Kill)

5. Submit the order

Managing positions

The Trade panel shows three sections below the order form:

• Open Orders -- Orders that haven't been filled yet. You can cancel them from here.
• Positions -- Currently open positions with entry price, unrealised P/L, and action buttons.
• Trade History -- Completed trades with final P/L.

Closing a position

Click the Close button on any position card. A confirmation dialog appears showing the position details and warning that the entire position will be closed at market price. This prevents accidental closes from a stray click.

For partial closes, use the Edit button instead (see below).

Editing a position

Click the Edit button on any open position to open the Edit Position dialog. The available actions depend on the product type:

Spot positions:

• Reduce Size -- Sell part of the position (use the 25%, 50%, 75%, or 100% quick buttons, or enter an exact amount)

Margin (Isolated) positions:

• Increase Size -- Add more collateral and leverage to grow the position
• Reduce Size -- Partially close the position

Margin (Cross) positions:

• Increase Size -- Add more to the position (via collateral + leverage, or direct size)
• Reduce Size -- Partially close the position

Futures positions:

• Increase Size -- Add collateral with leverage, or specify a direct size increase
• Reduce Size -- Partially close the position
• Add Collateral -- Deposit more collateral without changing position size (lowers leverage and liquidation risk)

For futures, Reduce Size, Add Collateral, and Remove Collateral work in both paper and live mode. Increase Size is currently available in paper mode only — increasing live futures position size requires placing an additional entry order, which the manual-trading flow doesn't yet expose. As a workaround, open a second live futures position in the same direction.

Each supported tab shows a live preview of what the position will look like after the edit: updated collateral, leverage, liquidation price, and P/L. Warnings appear if the edit would push leverage dangerously high or bring the liquidation price close to the current market price.

Cancelling resting orders

If you have open limit orders waiting to fill, you can cancel them individually or use the Cancel All button. A toast notification confirms when orders are successfully cancelled.