Placing Your First Trade
Complete guide to placing buy and sell orders on Cafe Trading
Documentation
Before You Start Trading
Before placing your first trade on Cafe Trading, make sure you have completed the basic setup and understand the risks involved in trading perpetual futures.
Prerequisites
- Account created and verified
- Web3 wallet connected
- USDT deposited in your wallet
- Understanding of trading risks
Recommended First Steps
- Start with small amounts
- Use low leverage (2x-5x)
- Set stop-loss orders
- Practice with demo mode first
Step-by-Step Trading Guide
Navigate to Trading Interface
Go to the Futures section and select USDT/THBT trading pair. Familiarize yourself with the interface layout.
- • Chart area shows price movements
- • Order book displays buy/sell orders
- • Trading panel is where you place orders
- • Portfolio shows your positions
Choose Order Type
Select the appropriate order type for your trading strategy:
- • Market Order: Execute immediately at current price
- • Limit Order: Execute at specific price or better
- • Stop Order: Trigger when price reaches certain level
Set Position Size and Leverage
Determine your position size and leverage carefully:
- • Start with 1-5% of your total capital
- • Use 2x-5x leverage for beginners
- • Higher leverage = higher risk and reward
- • Consider your risk tolerance
Set Stop-Loss and Take-Profit
Always set risk management orders before executing:
- • Stop-Loss: Limit your maximum loss
- • Take-Profit: Secure profits at target price
- • Risk/Reward ratio should be at least 1:2
- • Never risk more than you can afford to lose
Review and Execute
Double-check all parameters before placing the order:
- • Verify order type and direction (Long/Short)
- • Confirm position size and leverage
- • Check stop-loss and take-profit levels
- • Ensure sufficient margin balance
Order Types Explained
Market Order
Executes immediately at the best available price in the market.
Pros: Instant execution, guaranteed fill
Cons: Price slippage possible
Best for: Quick entries/exits
Limit Order
Executes only at your specified price or better.
Pros: Price control, no slippage
Cons: May not fill if price doesn't reach
Best for: Precise entries, better prices
Stop-Loss Order
Triggers a market order when price reaches your stop level.
Pros: Automatic risk management
Cons: May trigger on false breakouts
Best for: Limiting losses
Take-Profit Order
Automatically closes position when target profit is reached.
Pros: Secures profits automatically
Cons: May close too early in strong trends
Best for: Profit taking
⚠️ Important Trading Tips for Beginners
- • Never invest more than you can afford to lose
- • Start with small position sizes to learn the platform
- • Always use stop-loss orders to manage risk
- • Don't let emotions drive your trading decisions
- • Keep a trading journal to track your performance
- • Learn from both winning and losing trades
- • Consider using demo mode before live trading