How to Open a Long/Short Position
Last updated
Last updated
What does it mean to long/short RWAs?
Longing RWAs means betting that a particular Real World Asset will increase in value. If you believe that an RWA is undervalued, you might enter into a contract that allows you to profit if your prediction is correct.
Shorting RWAs means betting that a particular Real World Asset will decrease in value. If you believe that an RWA is overvalued, you might enter into a contract that allows you to profit if your prediction is correct.
Benefits of Longing/Shorting RWAs
Profit from Overvaluation/Undervaluation: If an investor believes that a particular RWA or a segment of the RWA market is undervalued or overvalued, longing or shorting provides a mechanism to profit from a correction in price. This can allow profit-making in various market conditions or when particular RWAs gain or lose value.
Speculative Opportunities: For those with deep knowledge of the RWA market and an appetite for risk, longing/shorting RWAs can provide exciting speculative opportunities. Accurately predicting trends and value changes in the dynamic RWA world can lead to significant profits.
1-Choose the order size, indicate your preference for LONG or SHORT, and then click on "Place Order."
2- Click the "Confirm Long Order" button.
3- After a successful transaction, you will find your open orders listed in the "Positions" section.
After you have opened a position, the trade might give you your desired profit or get close to your loss-bearing capacity, in that case, you might want to close the trade and get out. Following are the steps to close a position.
1-To close a position, simply click on the "Close" button
2- Click on the "Submit Close Order" button, and upon a successful transaction, the position will be closed.
