> For the complete documentation index, see [llms.txt](https://docs.moonlander.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.moonlander.trade/how-to-use/trading/trade-lifecycle/during-a-trade.md).

# During a Trade

| Step                                                            | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| --------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| <ol><li>Accumulate Fee</li></ol>                                | <p></p><p>Holding Fee</p><ul><li>The longer you hold your position, the more holding fee will be charged upon closing the position.</li></ul><p>Pay/Earn Funding Fee</p><ul><li>depending on whether you are holding Long/Short position</li><li>When Long OI > Short OI, the Long positions will pay Funding Fee, while the Short positions will earn Funding Fee. </li><li>When Long OI < Short OI, the Long positions will earn Funding Fee, while the Short positions will pay Funding Fee.</li></ul><p>Holding Fee and Funding Fee are combined, displayed, and charged as Holding Fee on our platform.</p><p></p><p>See Fees for more information</p> |
| <ol start="2"><li>Manage Collateral</li></ol>                   | <p></p><p>Minimum collateral ratio to maintain: 15%</p><p></p><p>For Open Positions, you can only add Collateral. Withdrawal is not allowed.</p><p></p><p>Adding Collateral is only available for the 1-100x leverage range<br><br>All trade-related fees are charged from the collateral. Make sure you put aside sufficient collateral to cover the fees to prevent liquidation.</p>                                                                                                                                                                                                                                                                      |
| <ol start="3"><li>Manage Take Profit/Stop Loss Orders</li></ol> | TP/SL orders cannot be canceled once created. You can only edit the order.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |