πŸ’ΉTrade Examples

How does a trade work (no leverage)?

Let's walk through a trade on DXS.

Clicking β€˜market buy’ on the below screen goes long (buy) $100 on Apple (at 1x leverage). This requires a margin of 1.77 BSV:

Next, you’re asked to confirm and pay the margin amount of 1.77 BSV to DXS:

Pressing the button sends 1.77 BSV from your HandCash wallet to DXS. This secures your Apple position.

The summary of the live position is below:

The position is closed:

The trade summary can be displayed:

When the position is closed, the margin balance (less any loss and holding fees and loyalty fees) is returned to the HandCash wallet:

1.77 BSV left the wallet and opened a long position on Apple. The Apple long position was closed at a loss and the margin amount was returned instantly to the wallet.

How does a trade work (with leverage)?

Using 10x leverage, the margin balance that is required to collateralize a $100 position is $10 or 0.177 BSV (10% of the total position size):

The trade is opened:

The summary of the live position is below:

The position is closed:

The summary of the closed position is below. Notice the β€˜Liquidation Price’. This is the price at which the position would be closed automatically by DXS. This is the price at which 80% of the committed margin of $10 would have been eroded.

HandCash wallet movements are shown below:

How does a closing a profitable trade work?

There is one key difference between closing out a profitable trade vs closing out a losing trade.

When you make a loss, you get your margin returned to you immediately (less losses and holding fees and loyalty fees).

When you make a profit, you get your margin returned to you immediately (less holding fees and loyalty fees). You then have to wait until the end of the 8 hour trading session to receive your profit.

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