> ## Documentation Index
> Fetch the complete documentation index at: https://docs.ownit.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Start trading

> Pick a market, place an order, and manage the position from Orders, Positions, and Trade History.

You need an active evaluation. If you do not have one, start with [Set up an account](https://docs.ownit.xyz/getting-started/account-set-up.md).

![OWNIT trading terminal for a 100k evaluation: BTC-USD chart, order book, a 5,000 long BTC market order at 5x in the order panel, open positions, and prop rules.](https://mintcdn.com/ftmo/lfI4g2mbLznLASzk/images/your-first-trade-desk.webp?fit=max\&auto=format\&n=lfI4g2mbLznLASzk\&q=85\&s=7eff26a2a47959edd802e60973e3a4b1)

**1. Select a market**

Open **Markets**, pick a market, and select **Open Full View**. The chart shows last price; the order book shows resting bids and asks.

**2. Build your order**

In the Order panel, choose Long or Short, Market or Limit order, and a trade size. A market order fills straight away at the best prices in the order book, which can be slightly different from the price you see. This is called slippage. A limit order rests at the price you set. You can add a take profit and a stop loss if you want the exits set now; they are listed under the order in **Orders**.

The panel shows liquidation price, margin required, and the fee before you submit. That fee is one leg: rates and round-trip examples are in [Fees](https://docs.ownit.xyz/resources/fees.md).

**3. Place the order**

An unfilled order sits in **Orders**; a filled one becomes a row in **Positions**. The rule meters at the top of the screen update with your equity.

**4. Manage or close the position**

You can reduce the trade size, add to it, or adjust your TP and SL levels. You can close from the position row, or use **Close All**, **Close Longs**, or **Close Shorts**. A closed trade moves to **Trade History** with its entry, exit, fees, and net P\&L. Orders that never filled stay in **Order History**.


This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.