Order types
What separates a market order from a limit order, when each one costs you, and why a resting order can sit unfilled for days.
Read
Education
The mechanics, before the strategy.
Strategy is the interesting part, and it is also the part that fails when the basics are shaky. These are the fundamentals, tied directly to how the terminal behaves.
Position sizing
How much to put on a single idea, why a fixed fraction beats a fixed amount, and what happens to an account that sizes by feel.
ReadGoing short
Selling something you do not own, how the cash is reserved, and why the loss on a short has no natural ceiling.
ReadReading a ledger
Every movement of cash explained, and how to reconcile an account statement against what the dashboard shows.
ReadProfit and loss
The difference between unrealised and realised, how averaging changes your entry, and what a partial close actually locks in.
ReadAutomated strategies
What a DCA, grid, momentum or mean-reversion rule set does, and the market conditions each one struggles in.
Read
Worked example
Following the money through one trade
The clearest way to understand the engine is to watch cash move. Here is a single position from open to close, with every figure the platform records.
| Step | Cash | Position | Result |
|---|---|---|---|
| Account opens | $100,000.00 | - | - |
| Buy 0.5 BTC at $77,185 | $61,368.91 | Long 0.5 @ $77,185 | - |
| Price rises to $80,000 | $61,368.91 | Long 0.5 @ $77,185 | +$1,407.50 |
| Close half the position | $81,368.91 | Long 0.25 @ $77,185 | +$703.75 realised |
| Price falls to $76,000 | $81,368.91 | Long 0.25 @ $77,185 | -$296.25 |
| Close the remainder | $100,704.16 | - | +$703.75 total |
What to notice
Opening the position moved $38,592.50 out of cash and into the position. It was not spent; it was reserved. Closing returned it along with whatever the trade made.
Closing half realised half the gain. The remaining quarter of a Bitcoin kept the same average entry of $77,185, which is why it later showed a loss when the price fell below that level. The average entry does not move when you close, only when you add.
The account ends at $100,704.16. The $703.75 realised gain, less trading fees on both executions. Every one of those numbers appears in the cash ledger as its own entry.
What can go against you
Crypto moves further and faster than most markets, in both directions. A position sized comfortably on a quiet day can be uncomfortable within hours, and a short has no natural ceiling on its loss the way a long has a floor. Size accordingly.
Fixed-term plans carry a different shape of risk: your capital is committed for the length of the term and is not available to you while it is. Read the term and the principal treatment before you commit, not after, and keep enough outside a plan to cover anything you might need.
The value of an investment can fall as well as rise, and past results are not a guide to future ones. Nothing on this platform is advice.