How to trade derivatives on Ouinex?
Step 1: Log in to Your Ouinex Account
Sign in using your credentials.
Step 2: Access Derivatives
Go to the menu, under Trade, and click on Derivatives.
Step 3: Select the Asset
Choose the asset you want to trade. Assets marked RWA refer to Stocks, Forex, Indices, or Commodities. For this example, select Cardano/USDC with 10x leverage.
Step 4: Choose Order Type
You can choose between:
- Market Order
- Limit Order
- Good Til Canceled
- Good Til Date
- Good Til Canceled
Step 5: Configure the Trade
- Show or hide the Order Book based on your preferences.
- Choose whether to go Long or Short (select Long for this example).
- Enter the amount you want to buy, e.g., 1,000 ADA.
Step 6: Understand Margin and Leverage
Below, you’ll see the used margin required. With 10x leverage, you need 10% of the trade value available in USDT in your account to open the trade.
Step 7: Set Take Profit or Stop Loss
You can add these parameters before placing the order.
Step 8: Place the Order
Click Long ADA to execute the trade.
Step 9: Manage Your Positions
- View Open Positions at the bottom of the page.
- Check Closed Positions, Open Orders, and Order History.
- Edit an open position to add a stop loss or take profit.
- Close positions partially or fully when needed.
Step 10: Track Performance
Go to the Performance section to review past trades, track stats, and apply filters.
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