Trade Perps on Pocket Pro Bot

Open a Perps Position

  • Open a long or short perps position.

    • /long - Open a leverage long.

    • /short - Open a leverage short.

  • Following this command you will be prompted to reply with the ticker of the token you'd like to long or short.

  • Respond with a dollar sign followed by the ticker of the token you want to open a position for. For example, "$ETH"

Select Between Market or Limit Order

  • Market Order: Executes immediately at the current market price.

  • Limit Order: Executes only if the market reaches the price you set.

Select Between Isolated or Cross Margin

  • Isolated Margin: Risk is limited to the margin allocated for that specific position. Learn more about Isolated Margin here.

  • Cross Margin: All available funds in your account can be used to support the position, spreading risk across your balance. Learn more about Cross Margin here.

Trade with Leverage

  • Set the leverage you want to trade with. You can either use one of the preset values, or click on the x✏️ button to input a custom value. Learn more about Leverage here.

  • Indicate how much of your available margin you want to commit to your new position.

    • Available Margin: The total funds you currently have that can be used for trading.

    • Reply with the amount: You need to type in the dollar amount (e.g., 10) that you want to allocate as collateral for this trade.

      • Example: If you reply with 10, then $10 of your margin will be used for a long ETH position. The rest of your margin remains available for other trades. Note your losses can be greater than the margin you selected ($10). Leverage trading is risky, learn more here.

Trade Confirmation

Before your trade is executed, you’ll see a confirmation screen where you can either confirm the trade or cancel it if you need to make changes. You can edit this setting anytime:

  • Run the /tradingsettings command

  • Select "Toggle Price Confirm" to toggle trade confirmations on or off

    • This controls whether you want to receive a confirmation button before executing a trade, or if you prefer trades to go through instantly

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The trade confirmation screen provides a summary of your order, including:

  • Trade: The asset and direction (e.g., Long ETH or Short ETH).

  • Leverage: The leverage level you’ve selected.

  • Order Size: The total size of your position.

  • Margin: The amount of margin you’re committing to this trade.

  • Current Price: The live market price of the asset (e.g., ETH).

  • Liquidation Price: The price at which your position would be liquidated.

Review carefully, then hit 🟢 Confirm to execute.

Set your Take Profit or Stop Loss

Once you've confirmed your order, you can set a Stop Loss or Take Profit on your option position.

  • Stop Loss: Automatically closes your position if the market moves against you, helping limit potential losses.

  • Take Profit: Automatically locks in profits once the market reaches your target level.

  • Set the % of the position to execute, then set the % P&L change or a fixed $ price to trigger

After You Trade

Once your position is live, here are key commands:

  • /positions → view, manage, or close open trades

  • /referrals → get your referral link, refer friends and earn affiliate revenue share, and view your referral stats

  • /wallets → manage your wallets

  • /settings → trading settings, social settings, copy settings, set squad (for leaderboard competition), export/withdraw, and more

  • /leaderboard → see top traders and squads

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