Executing Trades

Step-by-step guide for placing manual trades on TradeStaq.

Prerequisites

Before executing trades:

• Connected exchange (paper or live)
• Pro tier or higher (for live trading)
• Sufficient balance on exchange
• Understanding of the trading pair

Accessing the Trading Page

1. Navigate to Trade in the sidebar
2. Select your exchange from the dropdown
3. Choose your trading pair

Placing a Market Order

Market orders execute immediately at the best available price.

Step 1: Select Order Type

Click Market in the order form.

Step 2: Choose Direction

Step 3: Enter Size

Step 4: Set Leverage (Futures Only)

Step 5: Add Stop Loss (Recommended)

Step 6: Add Take Profit (Optional)

Step 7: Review and Execute

1. Verify all parameters
2. Check estimated cost/margin
3. Click Buy/Long or Sell/Short
4. Confirm the order

Placing a Limit Order

Limit orders execute only at your specified price or better.

Step 1: Select Order Type

Click Limit in the order form.

Step 2: Choose Direction

Same as market orders: Buy/Long or Sell/Short

Step 3: Set Limit Price

Step 4: Enter Size

Same as market orders.

Step 5: Set SL/TP

Same as market orders.

Step 6: Review and Submit

1. Verify limit price
2. Check size and leverage
3. Click Place Order
4. Order enters "Open Orders"

Managing Open Limit Orders

Order Confirmation

Successful Order

Order Rejected

Common rejection reasons:

Futures-Specific Considerations

Margin Modes

Leverage Selection

Understanding Liquidation

Long position liquidation example:

Entry Price: $50,000
Leverage: 10x
Margin: $5,000
Position Value: $50,000

Approximate Liquidation: $45,000 (10% drop)

Warning: With higher leverage, small price movements can liquidate your position.

Spot Trading Considerations

No Leverage

Spot trading is 1:1 - you buy actual crypto.

No Liquidation

You own the asset; there's no liquidation risk (but value can go to zero).

Transfer Requirements

Ensure funds are in Spot wallet, not Futures.

Quick Actions

One-Click Close

To close an entire position instantly:

1. Find position in positions list
2. Click Close button
3. Confirm market close

Partial Close

To close part of a position:

1. Enter a sell order (if long) or buy order (if short)
2. Set size to amount you want to close
3. This reduces position size

Advanced Order Features

Reduce Only

Ensures order only closes position, never opens new one.

Use when: Closing existing position to avoid accidentally reversing.

Post Only (Limit Orders)

Ensures order is maker only (lower fees).

Use when: You want guaranteed maker fees.

Time in Force

Common Mistakes

Mistake 1: Wrong Direction

Problem: Clicked Buy when meant Sell (or vice versa)

Prevention: Always verify direction before confirming

Fix: Close position immediately if error

Mistake 2: Wrong Size

Problem: Entered 100 instead of 10

Prevention: Double-check size before execution

Fix: Immediately reduce position

Mistake 3: No Stop Loss

Problem: Opened position without protection

Prevention: Always set SL before or immediately after entry

Fix: Add SL immediately

Mistake 4: Wrong Symbol

Problem: Traded wrong pair

Prevention: Verify symbol before execution

Fix: Close position, open on correct pair

Best Practices

Pre-Trade Checklist

• Correct exchange selected
• Correct symbol
• Appropriate size (risk management)
• Stop loss set
• Leverage appropriate (futures)
• Sufficient balance

Execution Tips

Next Steps

• Position Management - Managing open trades
• Risk Management - Protecting capital
• Positions & Performance - Tracking results