Order Types
There are two different types of trades that you can make on Morpher.
Buy Order: When you “go Long” or Buy an asset, you are expecting that the price of the market is going to __increase __and stand to benefit proportionally.
Sell Order: A Sell order, or “going Short”, is when you stand to benefit from a __decrease __in the price of a market. A sell order can be placed anytime, without having an existing position. Selling against an open buy position is not the same as closing a position.
Partial Close
If you want to close part of your position, then you need to click on the order opposite of your position. Meaning, if you want to close 50% of your Long position, you will need to click "Sell" and select 50%.
If you want to close part of a Short position, then click "Buy" and select the percent of the trade you intend to close.
Updated on: 20/07/2021
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