How to trade at Mushino

This will be a very basic tutorial about how to trade at Mushino

Placing an order

At the Trade tab we will see 3 kind of orders, on this tutorial i will teach you all how to use 2 of them.

Limit Orders

• Click on 'Limit' like the screenshot above
• You can set a certain price to execute your order, the order will be executed when the market price reaches the price you set.
• After clicking on 'Limit’, you can set the leverage, quantity and a certain price to execute your order. Then, click on 'Buy/Long' or 'Sell/Short’.Your order will be placed in Order Book. When the Last Trading Price reaches the price you set, your order will be filled, depending on the market depth.

The order book.

Market Orders

• Click on 'Market' like the screenshot. Your order will be executed at the current best available Last Traded Price on Mushino.
• After clicking on 'Market’, you can set the leverage and quantity. Then, click on 'Buy/Long' or 'Sell/Short’. Orders will be filled according to market conditions

Position Overview

The position overview on Mushino.

1. Size: The size of our position after leverage in USD.
2. Margin: The margin that we actually have used in our position .
3. PnL: the unrealized Profit or Loss that we would have if we close the position at the moment.
4. Liq. Price: The price were our full position will get liquidated if the Mark Price reaches there.
5. Leverage: From here, we adjust our leverage before opening a position or after it.
6. Close Price: This will be the price where we want to partial close or close the whole position depending on the amount of contracts that we specify in the number 7. If we leave this empty, we will close the position with a market order.
7. Close Qty: Here we specify the amount of contracts that we want to close.

Deep look on closing a position.

You may close your current position via 2 methods:

1. Close your current position by clicking on the “close” button and follow through on the request.

2. You may place a new order in the opposite direction of your current position (eg. current position 100 BTC-Perp Long, to close the position, place an order for 100 BTC-Perp Short). The position will be closed once the order has gone through.

Trading Fees

There are no trading fees on Mushino. Trading is completely free.

https://mushino.com