This manual introduces the trading methods and features of Lighting Futures, including selecting currency pairs, leverage, and various other functions.
The three main features offered by Futures Trade
We have created an environment that is easy to use and trade-friendly for all users, and we plan to continue improving and enhancing its functions.
1. Setting Currency Pairs
At the bottom of the "Markets" section on the left side of the screen, there are items labeled Pair, Price, and Change. You can select the currency pair you want to trade. When you select a currency pair, the graph (TradingView) in the center will automatically change to reflect the selected pair.
2. Graph (TradingView), Entry, and Position Details
By introducing TradingView, a popular service among traders worldwide, to MetaxPro, we have created a more user-friendly trading environment. Below the graph, we have summarized key trading terms for your reference.
--- Open Order ---
- Created Time: The time you entered the trade.
- Symbol: The currency pair you traded.
- Direction: The direction you entered (Buy or Sell).
- Leverage: You can select leverage based on your margin (5x, 10x, 20x, 50x, 100x).
- Margin: Your own funds used for trading.
- Entry Price: The price of the currency when you entered.
- Take Profit (TP): The position for taking profits, which can be set before entering the trade.
- Stop Loss (SL): The position for cutting losses, which can also be set before entering the trade.
- Unrealized PnL: Current profit or loss.
- Unrealized PnL Ratio: The percentage of ～is displayed.
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Operation:
- Close: Close your current position.
- Partial Liquidation: Settle part of your position.
- Add Margin: Add more margin to your position.
- Reverse Open: Place a reverse stop order.
3. Detailed Trading Conditions and Actual Entry
Let’s walk through the trading process together, identifying the buttons and explaining how to manage positions.
Procedure ①
BUY or SELL positions：Choose the position you want to take from the red-bordered section.
Procedure ②
Decide whether to place a market order (MARKET ORDER) or a conditional order (CONDITIONAL ORDER).
※Market Order：An order placed without specifying a price.
※Conditional Order：An order placed with predefined execution conditions.
Procedure ③
Leverage：Refers to borrowing funds to increase returns on your own capital. Choose leverage based on your margin.
※In MetaxPro, you can select leverage between 5x and 100x based on your margin.
Procedure ④
Set the margin amount here, and the higher the margin, the greater the risk.
※You can set your margin either by inputting the amount or by adjusting the blue bar below.
Procedure ⑤
You should adjust the TP (Take Profit) position depending on the time frame analyzed using candlestick charts. TP allows you to decide when to take profits. You can set a percentage based on your margin, or input specific values.
※The position of the TP should be changed depending on which candlestick time period is analyzed.
Procedure ⑥
You should also adjust the SL (Stop Loss) position based on the candlestick analysis. SL allows you to set a position for cutting losses. You can set a percentage based on your margin or input specific values.
※You need to adjust the SL (Stop Loss) position depending on the time frame analyzed using candlestick charts.
※An RR ratio of 1:2 or higher is generally preferred.(RR stands for Risk to Reward ratio)
Procedure ⑦
Review the settings from ① to ⑥, and press the red-bordered section to start trading.
Final Step
After step ⑦, the left screen will display a final confirmation. Check the details and press OK.
↓↓↓
Once the display appears under TradingView, your entry is complete, and you have successfully opened a position.
MetaxPro to all users
Trading cryptocurrency for the first time can be nerve-wracking, but by understanding the market, managing funds, and maintaining mental stability, you can steadily build your assets. If you are anxious about trading with your own funds, it’s a good idea to gain experience and test strategies using a DEMO account before returning to Lighting trade.
Please ensure that you conduct your own due diligence and have a complete understanding of the risks involved before making any investment decisions.
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