Learn How to Place & Manage Orders (Beginner Mode)

Hi, everyone. How are you? My name is Carlos Avel Hernandez Gonzalez. Today, I will be showing you, how to create a bid and an offer on what to trade exchange.

So let's go and check. Please remember, you need to have a wallet. If you don't have one, you can create one with what to trade wallet that is fully integrated with what to trade exchange, or simply just connect your Metamask or other wallet. You have a multi wallet service.

So let's go and click here in trading. Now, you will be able to add a new order. Let's go to experience never has beginnings. You can see all the explanations and how the difference is between beginner and pro.

Here you can check, if it's single, if it's daily, your order type.

Let's go single. You can check the instrument, option, or future. Let's go future, buy or sell by. Let's choose the market France. Select the price type. Here you can see the explanation of of peak, of peak, or twenty four hours.

Let's go with the average price for twenty four hours. Next, current step. Here you choose the date. Remember, we are trading day ahead market. So whatever we're trading for the first of May, the price will be for the operation day for the second of May. Now let's go and click the quantity. Let's trade fifty kilowatts.

We are creating a bid price. Now let's place the price. Let's go with ninety dollars, for a bid price. Now here you can check, in the order map, you can check that all your order is correctly done and also that it's single future by France twenty four hours for the first of May operation, the second of May, fifty kilowatts, ninety megawatt, ninety dollars per megawatt hour.

And also your liquidity requirements, I have seventeen I have a liquidity requirement of seventy dollars. You see balance of eighty one dollars. You can check your placement fees, your white balance, your your discount fees, and let's place a trade. Also remember, you can always simulate a trade if you don't feel comfort of, comfortable of how your trade or you have some doubts or just for training as training material, you can simulate whatever trade you want.

So now we are placing a trade.

And now that it's traded, it might take a couple of seconds to show up on your trade. Now the order is acting. You have five minutes exactly to cancel the order. After five minutes, you're not able to cancel the order. And you can check the order details to check that everything is correct. If it's not correct, you can cancel and and do the order again, and it will go directly to your active orders.