📈Opening Long and Short Positions

Learn how to open leveraged perpetual positions directly through the Dextrabot Telegram bot.

Accessing the Trading Interface

From the main menu (after typing /start), you have two options:

• 🟢📈 Long: Open a long position (betting the price will go up)

• 🔴📉 Short: Open a short position (betting the price will go down)

Tap either button to begin the trading process.

Selecting Your Token

After choosing Long or Short, you'll see a list of supported perpetual tokens with real-time price data:

• Token ticker (e.g., $BTC, $ETH, $SOL)

• Current price

• 24-hour price change percentage

• Chart button: Opens the token's trading terminal on the Dextrabot website

Navigating the Token List

• The list contains over 200 supported tokens across multiple pages

• Use Last Page and Page 2 👉 buttons to navigate between pages

• Tap 🔄 Refresh to update all token prices with current market data

• Tap the token ticker to proceed to the order screen

Configuring Your Trade

Once you select a token, you'll see the order configuration screen with the following information and options:

Account Information

• Available Balance: Your wallet's trading balance

• Follower Wallet: The wallet that will execute the trade (you can change this by tapping the dropdown)

Position Size

Choose your position value from preset amounts or enter a custom value:

• Preset options: $15, $100, $500, $1000, $2000

• Custom amount: Tap LONG: 15 ✏️ or SHORT: 15 ✏️ to enter a specific amount

Order Type

• Limit Price: Set a specific entry price

  • Default shows $market for immediate execution at current price

  • Tap to enter a custom limit price

• Market Order: Executes immediately at the best available price

Leverage

• Tap Leverage: 20x to adjust your leverage

• Maximum leverage available: 40x (shown in parentheses)

• Available leverage depends on the token

Margin Type

• ⚡ Cross: Uses your entire account balance as collateral

• 🔒 Isolated: Limits risk to only the margin allocated to this position

Tap to toggle between margin types.

Take Profit and Stop Loss

Set automatic exit points to manage risk and lock in profits:

• Price TP: --%: Set your take profit target price

• Price SL: --%: Set your stop loss price

Tap either field to enter percentage-based or price-based targets.

Confirming Your Order

After configuring all parameters, a summary will appear at the top:

• Current token price

• Leverage: e.g., 20x (Cross)

• Max Long/Short Size: Maximum position size available

• Trader Wallet: The source wallet being used

Order Preview

When you tap a position size button, you'll see an order preview showing:

• Order Preview: Position type and token (e.g., "20x LONG BTC")

• Order Value: Total position value and margin required

• Order Size: Amount of the token being traded

• Liquidation Price: The price at which your position will be liquidated

Final Confirmation

Review the order details carefully, then tap ✅ Confirm Open to execute the trade.

After Opening a Position

Once your order is confirmed:

• Your position will be opened immediately (for market orders) or when the price reaches your limit (for limit orders)

• You can track and manage your open positions by going to 📊 My Positions from the main menu

• All position details including PnL, entry price, and liquidation price will be visible there

Important Trading Notes

⚠️ Risk Warning: Leveraged trading involves significant risk. You can lose more than your initial margin, especially with high leverage. Always use stop losses and trade responsibly.