Create a Custom Order

1. Open the trading page of the Alkimiya DApp.

2. Ensure the "Create Order" section is selected.

3. Decide on:

   1. The Size of your order

   2. The Breakeven you are willing to trade at.

      • If you're going Long, the lower the Breakeven, the better. This is because if the index goes above the Breakeven, you profit; therefore, the lower the Breakeven, the greater the probability of the index going above it.

      • If you're going Short, the higher the Breakeven, the better. This is because if the index goes under the Breakeven, you profit; hence, the higher the Breakeven, the greater the probability of the index staying under it.

   3. The duration for which you want your order to be available on the market before it expires.

4. After setting your order's parameters, you can view a summary that includes:

   • The required payment in your wallet for your order to be valid (Note: funds will only be taken from your wallet if your order is filled by another user).

   • The range of payout you can expect from your position if this order gets filled.

5. Finally, click on the "Create Order" button to finalize the process: Granting allowance & signing the order with your wallet

To learn how to manage your open orders, proceed to the next section.