# Open/ Close a position

## Open a position

1. Deposit your fund to start trading
2. Choose a pair to trade

<figure><img src="/files/JznB3tbUbcgvL8a4pzkH" alt="" width="375"><figcaption></figcaption></figure>

3. Input trading amount and start your trade

{% hint style="warning" %}
When you click on the 100% option, your max collateral amount will be estimated based on your free collateral and Open pos. fees.
{% endhint %}

As you can see in the image below, the Free Collateral is \~$6.55. However, when choosing 100%, the amount of collateral in the input box is \~$6.54. The $0.01 decrease is due to deduction from Open Position Fees.

<figure><img src="/files/2HhkoesneErvypkxAlTW" alt=""><figcaption></figcaption></figure>

4. Confirm your order&#x20;

<figure><img src="/files/f17PLNQc8QHY1GLH0kvk" alt=""><figcaption></figcaption></figure>

## Close a position

1. On Open Position tab, click "Close" on the Pos. ID you want to close. The Close Position modal will popup.

<figure><img src="/files/imOYpbthcMAr0n0e8qWa" alt=""><figcaption></figcaption></figure>

2. On the Close Position modal, enter the amount of token's quantity you want to close, or you can choose the percentage amount.

{% hint style="info" %}
You can check the fees amount that you have to paid in the Fees section.
{% endhint %}

<figure><img src="/files/lwTgtOk8KwiQhqKgfeTo" alt=""><figcaption></figcaption></figure>

3. Click "Close Position" and Confirm on your wallet.&#x20;

{% hint style="info" %}
You can check your collateral balance on the menu bar or on Account Overview page.
{% endhint %}

<figure><img src="/files/oZYscQxtFwjZITuCTgGN" alt=""><figcaption><p>Collateral balance on menu bar</p></figcaption></figure>

<figure><img src="/files/8863NsfHXln3p5aUcQx2" alt=""><figcaption><p>Collateral balance on on Account Overview page</p></figcaption></figure>


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