How to set a Stop Loss for a sell position on Woxa?

1 min. readlast update: 11.08.2023

On Woxa, if you sell position at the market price or place entry orders and set stop loss in case sell position.  

By using leverage X1 or more than X1

Trading on sell position, Stop Loss must be set 

  • Minimum stop loss can be set at least current price +1 point 
  • Maximum stop loss can be set up to 50% of the amount.   

In calculating the stop loss for a position that a trader has opened, it can be calculated from Formula : Amount SL = (Open rate - Stop Loss rate) x Units x Conversion rate  



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