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Complete Trading Guide

Learn how to navigate Riverr's trading interface and place your first trades.

Trading Interface Overview​

Access the trading interface at: https://joljv-6aaaa-aaaah-qqbmq-cai.icp0.io/trade

Main Components​

1. Price Chart​

  • Real-time price data for selected trading pairs
  • Multiple timeframes: 1m, 5m, 15m, 1h, 4h, 1d
  • Technical indicators: Moving averages, RSI, MACD
  • Drawing tools: Trendlines, support/resistance levels

2. Order Panel​

  • Position sizing controls
  • Leverage selection
  • Order type selection (Market, Limit)
  • Long/Short toggle

3. Position Management​

  • Active positions display
  • PnL tracking
  • Position modification tools
  • Quick close buttons

4. Market Data​

  • Order book depth
  • Recent trades feed
  • Market statistics

How to Place Your First Trade​

Market Order (Immediate Execution)​

  1. Select Trading Pair

    • Choose from available pairs (e.g., BTC/USD, ETH/USD)
    • Check current price and 24h change

  2. Choose Position Direction

    • LONG: Buy if you expect price to go up
    • SHORT: Sell if you expect price to go down

  3. Set Position Size

    • Enter the USD value you want to trade
    • Or set the number of tokens/contracts

  4. Select Leverage

    • Choose leverage from 1x to maximum available
    • Higher leverage = higher risk and reward

  5. Review and Confirm

    • Check estimated fees
    • Review liquidation price
    • Click "Open Position"

![Trading Interface Screenshot] Screenshot of the trading interface showing order placement

Limit Order (Set Your Price)​

  1. Select "Limit" order type
  2. Set your desired entry price
  3. Configure position size and leverage
  4. Place order - it will execute when price reaches your level

Advanced Order Types​

Stop-Loss Orders​

Automatically close positions at a predetermined loss level:

  1. After opening a position, click "Add Stop-Loss"
  2. Set the stop price (price at which to close)
  3. Confirm the stop-loss order

Take-Profit Orders​

Automatically close positions at a predetermined profit level:

  1. Click "Add Take-Profit" on open position
  2. Set target profit price
  3. Confirm the take-profit order

Managing Your Positions​

Position Information Display​

Each open position shows:

  • Size: Amount invested
  • Entry Price: Price when position was opened
  • Current Price: Live market price
  • PnL: Current profit/loss (unrealized)
  • Liquidation Price: Price at which position gets liquidated

Modifying Positions​

Increase Position Size​

  1. Click "Add to Position"
  2. Specify additional size
  3. Confirm the modification

Reduce Position Size​

  1. Click "Reduce Position"
  2. Enter amount to close
  3. Confirm partial close

Close Entire Position​

  1. Click "Close Position"
  2. Review closing price and fees
  3. Confirm to close

Position Monitoring​

Key Metrics to Watch​

  • Unrealized PnL: Your current profit/loss
  • Margin Ratio: How close you are to liquidation
  • Funding Rate: Ongoing fees for holding the position
  • Mark Price: Price used for liquidation calculations

Trading Strategies for Beginners​

1. Start Small​

  • Use 1x-2x leverage initially
  • Risk only 1-2% of your portfolio per trade
  • Focus on learning the interface

2. Use Stop-Losses​

  • Always set stop-losses to limit downside
  • Risk-reward ratio of at least 1:2 (risk $1 to make $2)
  • Trade in the direction of the overall trend
  • Use higher timeframes to identify trend direction

4. Practice Position Sizing​

  • Calculate position size based on stop-loss distance
  • Never risk more than you can afford to lose

Understanding Trading Fees​

Types of Fees​

Opening/Closing Fees​

  • Market Orders: ~0.1% of position size
  • Limit Orders: ~0.05% of position size

Funding Rates​

  • Long positions: Pay funding when rate is positive
  • Short positions: Pay funding when rate is negative
  • Frequency: Usually every 8 hours

Liquidation Fees​

  • Additional fee charged if position gets liquidated
  • Usually 1-2% of position size

Fee Calculation Example​

For a $1,000 position:

  • Opening fee: $1,000 × 0.1% = $1
  • If held for 24 hours: 3 funding payments
  • Closing fee: $1,000 × 0.1% = $1

Risk Management Tips​

Position Sizing Rules​

  1. Never risk more than 2% per trade

  2. Use appropriate leverage:

    • Beginners: 1x-3x
    • Intermediate: 3x-10x
    • Advanced: 10x+

  3. Diversify across different assets

  4. Keep some funds in reserve

Liquidation Avoidance​

  • Monitor margin ratio constantly
  • Add collateral if approaching liquidation
  • Use wider stop-losses with high leverage
  • Consider reducing position size instead of adding margin

Emotional Control​

  • Stick to your trading plan
  • Don't FOMO into trades
  • Accept losses as part of trading
  • Take breaks from trading when stressed

Advanced Features​

Portfolio Mode​

  • Trade multiple positions across different assets
  • Shared margin across all positions
  • Better capital efficiency

Copy Trading (If Available)​

  • Follow experienced traders
  • Automatically copy their trades
  • Set your own risk limits

API Trading (For Developers)​

  • Programmatic trading access
  • Build custom trading bots
  • Advanced order types

Troubleshooting Common Issues​

Transaction Failures​

  • Check wallet connection
  • Ensure sufficient balance for fees
  • Try refreshing the page

Price Impact Too High​

  • Reduce position size
  • Use limit orders instead of market orders
  • Trade during higher liquidity periods

Cannot Close Position​

  • Check if there are pending orders
  • Ensure sufficient balance for closing fees
  • Contact support if issue persists

Next Steps​

  1. Practice with small amounts first
  2. Study market analysis and technical indicators
  3. Join trading communities for learning
  4. Keep detailed trading records
  5. Review and improve your strategy regularly
Risk Warning

Leverage trading involves substantial risk of loss. Only trade with funds you can afford to lose completely. Past performance does not guarantee future results.