Merge Positions and Split Positions
Position Management
Traders can hold multiple positions with different leverage under the same currency in a 2+N position structure. Here, '2' refers to the ability to open one merged position each in long and short directions, and 'N' refers to multiple segregated positions.
Each segregated position can independently adjust leverage, add or reduce positions, and set take-profit and stop-loss orders. This allows traders to devise highly flexible trading strategies.
For example, one might hold a larger merged position at low leverage for the long term, while using segregated positions to capture high-frequency trading opportunities at higher leverage. This helps traders minimize the impact of overall position gains and losses and make more calm and clear decisions in each independent trading scenario.
Merged Position Mode
In merged position mode, all long positions of the same currency type are merged, as are all short positions.
For instance, if Xiaoming holds a 100U long position in BTCUSDT and opens another long position with 120U, the positions will automatically merge, resulting in Xiaoming holding a total of 220U in a long position.
Segregated Position Mode
In segregated position mode, positions of the same currency type and direction are not merged; each opened position exists independently.
For example, if Xiaoming holds a 100U long position in BTCUSDT and opens another long position with 120U, it will create a separate position, so Xiaoming will have two long positions of 100U and 120U.
Operational Steps
Step 1: Opening a Position
Click the 【All Positions/Individual Positions】 button in the top left corner, choose between segregated or merged position mode according to your trading method, and select the appropriate leverage multiplier. Merged position mode is recommended for low leverage and medium-to-long-term trades. Use small positions and segregated mode to confirm directions when unsure.
Opening Path
App - Trading Page - Click 【Market Order】 - Enter 【Opening Quantity】 - Click 【All Positions Merged】 - Select Position Mode (Merged or Segregated) - Choose Leverage Multiplier - Click 【Buy/Open Long】
Step 2: Managing Positions
In merged position mode, you can adjust the leverage of existing merged orders via the “Adjust Leverage” button at the position opening. Note that after adjustment, the margin will change according to the leverage multiplier.
Additionally, there are three quick buttons within the position: take profit and stop loss, trailing exit, and close position. You can add settings conveniently. To adjust the quantity of the position, you can increase/decrease the amount by opening or closing new merged orders.
Clicking the take profit/stop loss function offers “All” and “Segmented” options. “All” applies to the entire position, and any added orders reaching the trigger price will also trigger a close. “Segmented” applies to part of the position, and the set trigger price will not affect subsequent added positions. In both modes, you need to set a take profit or stop loss trigger price; when the latest price reaches this trigger, it will close at the current market price.
In segregated position mode, you can quickly set “Take Profit and Stop Loss,” “Adjust Leverage,” “Add Position,” and “Close Position.” To adjust the leverage of a segregated position, click the “Adjust Leverage” button below the position.
If you want to increase the quantity of a position, you can click the “Add Position” button on the position to place an additional order at limit or market price. You can also set a trigger price by clicking the take profit/stop loss function as in merged position mode.
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