Opening a trade
What happens when you trade on Tribes, from your decision to your position.
Opening a trade on Tribes is straightforward.
You choose the market, set up the trade and decide whether you want to assign it to a Tribe.
Choose the market
Start from a Scan, a Call, Tribe activity, Discover or your own search.
Set up the trade
Choose the direction, size and any parameters available for that market.
If you are trading from a Call, you can use the setup as context and decide how you want to enter the trade yourself.
See Calls.
Assign it to a Tribe
A trade can be assigned to one Tribe, or to none.
When you assign it to a Tribe, the trade can contribute to that Tribe's activity, statistics and performance.
Review and confirm
Review the trade details, including the market, position size, fees and any other relevant execution information before confirming.
The trade is then executed from your own non-custodial wallet.
See Fees.
Manage the position
Once the trade is open, you manage the position from your wallet.
You decide when to add, reduce or close the position based on the options available for that market.
Trading from a Call
A Call gives you a direct path from an idea to the market.
When you receive a Call, you can open it, review the setup and market information, join the discussion and move directly into the trading flow.
You still choose how you want to trade it.
If you assign your trade to the Tribe, your position can become part of the shared Tribe Trade and contribute to the Tribe's performance.
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