# First Trade Walkthrough

To start trading on Storm Trade, you’ll need to open your first position. Here’s a step-by-step guide to help you do that using [@StormTradeBot](https://t.me/stormtradebot).

<div align="center"><img src="https://3226738401-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqTb8LNW3A8XTfcfmaUn9%2Fuploads%2Fgit-blob-28f6008367b6a98b95fd0d76a4db63116732335a%2Fscreen1.png?alt=media" alt="Storm Trade Interface" width="600"></div>

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## 🧭 Step-by-Step Guide

Go to [@StormTradeBot](https://t.me/stormtradebot) and click **`Start`**. Then press the **`Trade`** button to launch the Storm app.

1. 🔗 **`Connect your wallet`** and make sure it has enough funds:
   * It’s recommended to have at least **1 TON**;
   * Only \~**0.25 TON** is typically needed to cover network fees.
2. 📊 Go to the **`Trade`** tab to access the trading interface.
3. 🔍 Select a trading pair using the search bar or from the available list.

<div align="center"><img src="https://3226738401-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqTb8LNW3A8XTfcfmaUn9%2Fuploads%2Fgit-blob-31de66716c8fe2bf8f1a7a99c97f8b54d84f6ede%2Fscreen2.png?alt=media" alt="Position Direction Selection" width="600"></div>

4. ↕️ Choose your position direction:
   * **`Long`** — if you expect the price to go up;
   * **`Short`** — if you expect it to go down.
5. ⚙️ Choose the **order type**:
   * By default, **`Market Order`** is selected — it opens your position at the current market price.
   * Learn more in the [Order Types](https://docs.storm.tg/trading-concepts/triggered_orders) section.
6. 💼 Select the asset you’ll use as **collateral** (**TON**, **USDT**, or **NOT**), and enter the desired amount.
7. 🎚️ Set the **`leverage`**:
   * Available leverage may vary depending on the trading pair;
   * Storm Trade offers leverage from **1x** (lower risk, moderate profit) to **500x** (higher risk, higher reward).
8. 🛡️ Set protective orders:
   * **`Stop Loss`** — automatically closes your position if the loss limit is reached;
   * **`Take Profit`** — closes the position at your desired profit level.
9. 🏆 Check your **Reward Points**:
   * Earned rewards will be distributed as a drop in **STORM** tokens;
   * Holders of [Market Makers NFT](https://getgems.io/market-makers) can boost reward farming up to **2x** by holding **1 to 5 NFTs** in their wallet.
10. 🧾 Check the fee:
    * If you joined via a **referral link**, your fee will be reduced based on your inviter’s discount tier.
11. ✅ **`Confirm the transaction`** in your wallet. Once confirmed, your position details will appear on the chart, including entry price, liquidation level, and set orders.

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## 💸 Fees

❗ When opening a position, up to **\~0.25 TON** will be deducted to cover the network fee. Around **0.17 TON** is refunded back to your balance.

🔹 **Storm Trade Trading Fees:**

* **USDT pairs** — from **0.06%** to **0.12%**
* **TON/NOT pairs** — from **0.12%** to **0.2%**

🟢 These are among the **lowest trading fees** in DeFi.

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## ✅ Closing a Position

✊ If a **Stop Loss** or **Take Profit** order is triggered, the position is closed **automatically** — no additional network fee is charged.

✍️ To close a position manually:

* Click **Close Position**;
* Confirm the transaction;
* Your funds (including any profit or loss) will be returned to your balance.

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## 📌 Ready for Your First Trade?

🏄 *Join Storm and start trading on your terms!*