Position Management
Once a trade has been successfully opened, traders can alter a variety of parameters on the open position.
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Update Take Profit / Stop Loss: Traders can update the value of the take profit or stop loss, as well as add one if it did not previously exist.
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Add Collateral: Traders can add additional USDC collateral to the position. This will reduce the position’s leverage and minimize the risk of the position being liquidated.
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Remove Collateral: Traders can remove USDC collateral from the position. This will increase the position’s leverage, increasing the risk of liquidation.