Adding / Removing Collateral
Welcome to your comprehensive guide on how to open a trade on PRINT3R. This tutorial will help you understand Stop Losses / Take Profits and guide you through how setting them up.
Adding liquidity to an open trade means increasing your position by providing more funds, which can amplify your potential profits (or losses) as the market moves. It allows traders to maintain or increase their leverage in a position, especially when they anticipate more movement in the asset's price.
Removing liquidity, on the other hand, means withdrawing funds from the trade, reducing your exposure. This can help lock in profits or limit losses, depending on the trade's performance. Both actions give traders more control over their positions and risk management.
How to add collateral:
Adding collateral will improve the health of your trade and make it less likely you'll be liquidated.
How to Remove collateral:
Remember: Removing collateral will make your liquidation point closer and more likely to trigger. Use with caution.
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