Opening a position on the stock exchange may seem complicated, especially for beginners, but in fact this process comes down to a few simple steps. In this article, we will detail how to enter a trade on standard futures step by step.
Log in to BingX and select Standard Futures from the main menu:
Enter the ticker symbol in the search bar and pick the desired trading pair from the results:
Configure Your Order:
Select the leverage
Choose Long or Short direction
Enter the amount you wish to trade
Tick the Stop-Loss box
input your stop-loss price
if needed, switch the input from % to USDT
Check the expected loss displayed beneath the input field
Click Open Position to submit the order
When the position is open, you can set Take Profit.
In the list of open positions select the TP/SL column and click on the pencil.
In the window that appears, click add:
In the new window tick the checkbox next to the take profit setting.
Enter the exit price.
Click confirm.
Now the position is open: you can monitor it in the list of active trades, adjust Stop Loss and Take Profit if necessary, or close it manually at any time.