MANAGE YOUR SMART TRADE

Learn how to manage your smart trade

Once a Smart Trade has been set, you will be able to monitor your Smart Trades on the Positions page.

Monitor your smart trade

  • Position Id: the unique identifier number of the position.

  • Pair: The pair (BTC/USDT) and the exchange where the position is executed (Binance Paper trading).

  • Side: LONG (buy and sell to make profits) or SHORT (sell and buy to make profits).

  • Performance: the actual performance of the position. Read here for a more comprehensive overview of the performance.

  • Unrealized PnL: the current PnL of the open position. Unrealized refers only to the current PnL of the position.

  • Price: the current price of the position pair.

  • Holding Time: the amount of time in which the position has been open.

By clicking on the arrow on the left side, you will be able to see more details about the position

  • Volume: the volume of the position that has been executed (actually bought or sold on the exchange). In this example, the smart trade bought 0.00218 of BTC which, at the current price, is worth 48.89 USDT.

  • Avg. Price: the average price at which the position has been executed.

  • Realized PnL: the profit and loss realized (in the sense that part of the position has been already closed).

  • Unrealized PnL: the profit and loss which has still not been realized (in the sense that part of the position is still open).

Additionally, you can view more details about the position, including the position settings of your entries, take profit and stop loss.

In the example, you can see that the position is set to have one single entry and one single take profit. you can visualize the quantity of the entry, and the price at which it has been executed, placed, or planned. Read more here about the different position statuses.

In the right box, you can take a look at the actions that have been performed by you. This include the creation of the position, the edit of the position, and more. Read here to learn more about the different user actions.

Manage your smart trade

Once a smart trade position gets opened, you can manage it in different ways, by clicking on the actions button on the right.

Edit

By clicking on "edit", you can edit your current open smart trade settings. You will be redirected to the smart trading terminal and you will be able to edit the settings of that position. If an order in a given (groups: entries, take profit, stop loss) has been already executed, then it’s not possible to edit the order settings anymore.

Copy

By clicking on "copy", you can duplicate your smart trade settings. You will be redirected to the smart trading terminal and you will be able to reuse the same settings of that position

Close

By clicking on "close", you can manually close your smart trade. That means, that you will:

  • Close the order on Mizar

  • Cancel all the unfilled/planned and placed orders

  • Close the position on your exchange with a market order

Cancel

By clicking on "cancel", you can manually cancel your smart trade from Mizar. That means, that you will:

  • Cancel the smart trade position from Mizar

  • Cancel all the unfilled/planned and placed orders

  • The executed orders will stay open on your exchange but it will not be managed by Mizar anymore

User actions like edit/cancel/close can be performed only if the previous action is finished. The user currently can not trigger multiple actions at the same time.

History

You can view your smart trades history here.

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