# How to trade 1000X ?

## **1. Opening your position.**

<figure><img src="https://766933878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FifJoX8SL0anL5Gj0WFNP%2Fuploads%2FjMlmyJ0gvlMA82jP4uGk%2Fimage.png?alt=media&#x26;token=430f1685-f7f0-4674-baed-3e450b6e0b6c" alt=""><figcaption></figcaption></figure>

* The first step is \[Deposit], you can deposit directly into 1000X account or transfer funds from perpetual trading account.
* The default Leverage is \[1000X], and the Take Profit is \[100%], you can modify them.
* The default investment margin is set at \[10] USDC, which you can adjust as desired. With 1000X leverage, a 10 USDC investment results in a position amount of 10,000 USDC.
* If you are **bullish** on the market, you should \[Buy].
* If you are **bearish** on the market, you should \[Sell].
* To view related parameters in full mode, you can switch to \[full mode] using the top-right corner option.

<figure><img src="https://766933878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FifJoX8SL0anL5Gj0WFNP%2Fuploads%2FFQdlvndbYuoZAsXskMq4%2Fimage.png?alt=media&#x26;token=e630885d-25ad-4af2-aeee-c8d398f8db44" alt="" width="375"><figcaption></figcaption></figure>

## **2. Check your position status.**

When the price rises, a long position will generate profits, with a positive PnL. You can choose to continue holding the position to seek greater profits or click **\[Close]** to lock in your profits.

Please be aware that your position will automatically be closed when it hits the take profit ratio.