VOOI:operationalGuidelines
Manual Trading vs. Automated Trading
Manual trading: This guide focuses on manual trading. Manual trading allows for intuitive decision-making, flexible strategy adjustments, a comprehensive understanding of market context, and personal engagement in the trading process. It's advisable to start trading manually to understand the trading process fully.
Automated trading: For those who are technically savvy, there is a guide on using signal bots for automated trading on Orderly: VOOI:signalBotGuide. Automated trading offers advantages such as speed, efficiency, emotionless decision-making, consistency, continuous market monitoring, and advanced data analysis.
How To Use VOOI: A Full Guide on Trading Terminal
Follow these steps to get started with the VOOI trading terminal:
Select a compatible wallet and connect it to the VOOI trading terminal
Step 2: Select the trading platform
Select the trading platform and the blockchain network you want to trade on.
Enable trading
Deposit funds for trading
Step 4: Start trading (open position)
Before you start trading, consider activating a referral program. For more information, read VOOI:referralPrograms
Select an underlying token and specify leverage
Place an order to open a position
Step 5: Continue trading (settle PnL)
Settle PnL periodically to maintain your trading positions
Place an order to close a position
Check pending orders and executed orders
Place orders to close open positions
Settle PnL
Withdraw the collateral (partly or fully).
You place orders to open and close long and short positions:
For more information about position types, please refer to VOOI:positionTypes
For more information about order types, please refer to VOOI:orderTypes
Step 1. Connect your wallet
To connect your wallet:
Navigate to VOOI Unified Trading Terminal at https://app.vooi.io/
Step 2: Select the trading platform
The VOOI unified trading terminal provides a web-based interface to interact with the following perp DEXs:
Orderly
Сollaterals: USDC
Supported networks: Arbitrum, Optimism, Base, Mantle, Ethereum
KiloEx
Collaterals: USDT
Supported networks: opBNB, BNB Chain, Manta, Taiko
SynFutures
Collaterals: USDB
Supported networks: Blast
While the trading process is generally similar across these platforms, each has unique features and specifics. Below are instructions for trading on Orderly. We will add detailed instructions for each platform later. For now, you can use the Orderly instructions as a general guide.
Step 3: Enable trading
While the trading process is generally similar across the supported trading platforms, each has unique features and specifics. Below are instructions for trading on Orderly. We will add detailed instructions for each platform later. For now, you can use the Orderly instructions as a general guide.
To start trading:
Step 4: Start trading (open position)
Before you start trading, consider activating a referral program. For more information, read VOOI:referralPrograms
You can create a list of your favorite underlying tokens by clicking on the star sign next to the token. These tokens will be available in the Favorites section.
Decide which position to open: long or short. For more information on Long / Short positions, refer to VOOI:positionTypes
Select the order type: Market / Limit / Stop Limit For more information on the order types, refer to VOOI:orderTypes
Place your order:
Press the Buy button to open a long position.
Press the Sell button to open a short position. For more information on Long / Short positions, refer to VOOI:positionTypes
Step 5: Continue trading (settle PnL)
You can open as many positions as you want while trading within the deposited collateral limit. Additionally, you can settle PnL from time to time without closing your positions.
PnL (Profit and Loss) measures the financial performance of a trading position or portfolio over a specific period.
Settle PnL without closing a position means you can finalize and realize the profits or losses from the open position up to the current point, without closing it. This updates your account balance with the realized PnL, reflecting the current performance of your trade while keeping the position open for future gains or losses.
Step 6: Close position
To close a position, place an order to close the position:
Identify the position you want to close.
Step 7: Stop trading
At some point, you may want to stop trading and withdraw your funds either fully or partially. Here are the steps to do so:
Withdraw Unused Assets: You can withdraw assets that are not engaged in trades at any time.
Withdraw All Funds: To withdraw all funds, close all open positions, cancel pending orders (if any) and withdraw funds from your trading account.
Withdrawal steps:
Settle any unsettled PnL.
Press the Withdraw funds button.
Video Instructions (Orderly)
Please watch this 2-minute and 40-second video to see how to connect wallet, enable trading on Orderly, deposit a collateral and open a position:
Important Chapters in the Video:
0:00 - Intro
0:20 - Connect Your Wallet
0:27 - Enable Trading
0:38 - Deposit Funds for Trading
1:43 - Set The Max Leverage
1:59 - Open Your Position
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