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