The trading ladder, as seen above, is one of the central components on Mushino.
It lets you submit new orders with a single click, or with a single tap on your phone.
The yellow numbers on the ladder are the bids. These are people wanting to go long. The number indicates the amounts of contracts that people want to go long with.
The red numbers on the ladder are the asks. These are people wanting to go short. The number indicates the amounts of contracts that people want to go short with.
The middle column indicates the price of the specific row on the trading ladder. Each row has a different price. You will notice that the bids generally have a lower price than the asks.
To submit a Limit Buy Order (to go long at a specific price), you may click within the highlighted area:
To submit a Limit Sell Order (to go short at a specific price), you may click within the following area:
To submit a Market Buy Order (to go long, instantly), you may click within the following area:
To submit a Market Sell Order (to go short, instantly), you may click within the following area:
Cancelling your order
To cancel your order again (only possible if you submitted a LImit Order), you may click the X next to the order:
Checking your position
At the top of the ladder, you will see your position profit/loss ($-0.03) and your position size (20 USD):
Closing your position again
To close your position again, click anywhere in the highlighted areas:
The price you click on will be the price you close the position at. After clicking, the profit/loss from closing your position at that price will be calculated and shown to you:
The trading ladder is a powerful tool that you can use to:
- Check the current market status (number of bids, number of asks)
- Submit a buy order (market or limit)
- Submit a sell order (market or limit)
- Cancel your order again
- Check your position status (size and profit/loss)
- Close your position at a specific price
All of the above actions can be done with a single click, making the ladder excellent for fast-paced scalping and mobile trading.
If you have the order confirmation turned on (indicated by the small "Mouse" icon at the bottom right of the screen), you will be presented with an order confirmation dialog upon submitting an order.
To hide this confirmation dialog, and submit the order right away (for the true one-click experience), you will need to turn off order confirmations. You can do so by clicking on the "Mouse" icon.