Ostium Documentation
  • 👋Welcome to Ostium
  • Getting Started
    • 👁️Overview
    • 🎯Introduction: Our Thesis
    • 💾Glossary
  • Ostium Trading Engine
    • 🏍️Overview
    • 📖Opening Trades
    • 🥅Holding Trades
    • 📘Closing Trades
    • 📹Step-By-Step Tutorial
      • Connecting to Ostium
      • Fund Wallet/Account
      • Opening a Trade
      • Editing a Trade
      • Closing a Trade
    • 📁Order Types
  • 📈Stocks: Day Trading
  • Shared Liquidity Layer
    • 🏦Overview
    • 💦Liquidity Buffer
    • 📊Market Making Vault
      • Deposit
      • Withdraw
      • OLP token
    • ⁉️Risks
  • Supporting Infrastructure
    • 🏗️Overview
    • 🔮Price Oracle
    • 💻Automations
    • 💾API & SDK
  • Security
    • 🔐Smart Contract Audits
    • 💰Economic Audit
  • LEGAL
    • Terms of Use
    • Disclaimer
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On this page
  • Share Trade
  • Edit Trade Collateral
  • Add Collateral
  • Remove Collateral
  • Edit Take Profit
  • Edit Stop Loss
  1. Ostium Trading Engine
  2. Step-By-Step Tutorial

Editing a Trade

PreviousOpening a TradeNextClosing a Trade

Last updated 22 days ago

Select the open trade to:

  • Share Trade (PnL Card)

  • Add/Remove Collateral

  • Edit Take Profit/Stop Loss

Share Trade

The Share Trade feature lets you share an image of your PnL card and a link to track your trade performance in real-time. You can easily share your trade on social media to showcase your performance.

Edit Trade Collateral

You can add or remove collateral (margin) from a position, similar to how an isolated-margin account works. These actions don’t affect your position size, incur no fees, and will adjust your liquidation price.

Add Collateral

Adding collateral to your position lowers your leverage, adjusts your liquidation price.

Remove Collateral

Removing collateral from your position increases your leverage, adjusts your liquidation price.

Edit Take Profit

While your trade is open, you can update the take-profit (TP) as many times as you like without any extra costs. Here are the TP ranges for long and short positions:

  • Long: Market Price < TP < max TP

  • Short: max TP < TP < Market Price

Edit Stop Loss

Just like with TP, you can update your stop-loss (SL) as often as you like. Below are the SL ranges for long and short positions:

  • Long: Liquidation Price < SL < Market Price

  • Short: Market Price < SL < Liquidation Price

📹
Edit Trade form on Details Tab
Pnl card
Add Collateral, Decrease Leverage
Remove Collateral, Increase Leverage