> For the complete documentation index, see [llms.txt](https://lit.gitbook.io/lit-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lit.gitbook.io/lit-docs/trading-guide.md).

# Trading Guide

- [Trade On-Chart](https://lit.gitbook.io/lit-docs/trading-guide/trade-on-chart.md): Draft your setup, add partial TPs, add a trailing SL, or place a price alert, all with a few clicks on the chart.
- [Plus Sign Menu](https://lit.gitbook.io/lit-docs/trading-guide/trade-on-chart/plus-sign-menu.md): Trade from the chart with 1 click using the plus sign menu "+" on the chart
- [Draft Orders](https://lit.gitbook.io/lit-docs/trading-guide/trade-on-chart/draft-orders.md): Draft your SL, TP and advanced order lines directly on the chart and execute with 1 click
- [Trailing Stop-Loss](https://lit.gitbook.io/lit-docs/trading-guide/trade-on-chart/trailing-stop-loss.md): Setup a Trailing SL that automatically follows market price to capture more value!
- [Price Alerts](https://lit.gitbook.io/lit-docs/trading-guide/trade-on-chart/price-alerts.md): Place price alerts for any Hyperliquid perp pair in 1 click!
- [Partial Take-Profit](https://lit.gitbook.io/lit-docs/trading-guide/trade-on-chart/partial-take-profit.md): Set multiple partial TPs and add them to an existing position in 2 seconds
- [Spot vs Perpetuals](https://lit.gitbook.io/lit-docs/trading-guide/spot-vs-perpetuals.md): Brief overview of the difference between spot and perpetuals
- [Manage Position](https://lit.gitbook.io/lit-docs/trading-guide/manage-position.md)
- [Reverse Position](https://lit.gitbook.io/lit-docs/trading-guide/manage-position/reverse-position.md): Flip your position from a Long to a Short in 1 click!
- [Close Position](https://lit.gitbook.io/lit-docs/trading-guide/manage-position/close-position.md): Instantly close position from the chart or from positions panel with 1-click execution
- [Adjust Isolated Margin](https://lit.gitbook.io/lit-docs/trading-guide/manage-position/adjust-isolated-margin.md): Increase or decrease margin for your active isolated position to manage liquidation and risk.
- [Order Types](https://lit.gitbook.io/lit-docs/trading-guide/order-types.md): Understand the different order types available on Lit and how to place each one
- [Market Order](https://lit.gitbook.io/lit-docs/trading-guide/order-types/market-order.md)
- [Limit Order](https://lit.gitbook.io/lit-docs/trading-guide/order-types/limit-order.md)
- [Scale Order](https://lit.gitbook.io/lit-docs/trading-guide/order-types/scale-order.md): Place a series of limit orders within. a set price range
- [Advanced TWAP Order](https://lit.gitbook.io/lit-docs/trading-guide/order-types/advanced-twap-order.md)
- [Stop Order](https://lit.gitbook.io/lit-docs/trading-guide/order-types/stop-order.md)
- [Manage Order](https://lit.gitbook.io/lit-docs/trading-guide/manage-order.md)
- [Cancel Order](https://lit.gitbook.io/lit-docs/trading-guide/manage-order/cancel-order.md): Cancel open orders with 1-click from the chart or from the lit.trade orders panel
- [Edit Order](https://lit.gitbook.io/lit-docs/trading-guide/manage-order/edit-order.md): Edit order Size and Price directly from the chart or through the lit.trade orders panel
- [Advanced Modules](https://lit.gitbook.io/lit-docs/trading-guide/advanced-modules.md)
- [Watchlist](https://lit.gitbook.io/lit-docs/trading-guide/advanced-modules/watchlist.md): Lit allows you to hide and show the watchlist module depending on your preferred trading setup.
- [Orderbook](https://lit.gitbook.io/lit-docs/trading-guide/advanced-modules/orderbook.md): Show and hide live Hyperliquid level 2 orderbook data with ease.
- [Trade Module](https://lit.gitbook.io/lit-docs/trading-guide/advanced-modules/trade-module.md): Lit has re-imagined what a trading module should look like, here are some of its quirks
- [Multichart](https://lit.gitbook.io/lit-docs/trading-guide/advanced-modules/multichart.md): Seamlessly trade on up to 4 charts at once with full TradingView indicator support
- [Live News](https://lit.gitbook.io/lit-docs/trading-guide/advanced-modules/live-news.md): Live news feed straight from Twitter, keeping you up-to-date with news & sentiment as you trade.
- [Trade Settings](https://lit.gitbook.io/lit-docs/trading-guide/trade-settings.md): Adjust your limit order TIF, Slippage and other trade settings.