Post
Topic
Board Trading Discussion
Topic OP
Urgent help required plz - supposed to make a short trade but have I gone long?
by
loll_l
on 10/05/2022, 19:04:19 UTC
Just when I thought I was understanding it looks like I've had a horror!...

I wanted to make a short trade using a limit order on the BTC/USDT pair - to trigger when BTC went up from 31,600 to 31,900...

In the below box I selected Cross > Limit > Borrow > Typed "31900" as the price > and selected 100% as the amount....

https://postimg.cc/NKdKnKZy

I thought this would only start the short trade when BTC got up to 31,900 but the trade seemed to trigger immediately!

What's concerning me even more is that the 'Positions' tab makes it look like I've made a long trade instead of a short trade. See below:

https://postimg.cc/VrK0bDck

The BTC position looks more like a long trade than a short trade to me but I could be wrong.... When the 'Index Price (USDT)' goes up the 'To Liquidation Price" percentage seems to go up as well! If I am in a short trade shouldn't I be getting closer to Liquidation when the index price goes up?