# Opening Trades

{% hint style="info" %}
Opening triggers;\
\&#xNAN;**`BTO`** is used to open long\
\&#xNAN;**`STO`** is used to open short
{% endhint %}

### Opening Long

> **BTO \<base & quote tickers> @ \<price>**\
> I.e. *`BTO USDCAD @ 1.395`*

To open a **long** forex position, use the trigger **`BTO`** followed by the base & quote tickers without separation, then the symbol @ before the price.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2FdOgmJlVOP5T0FJkzb83Y%2Fimage.png?alt=media&#x26;token=38ebbc88-0822-46f2-aab0-f173c872ec21" alt=""><figcaption><p>Example of opening a long position for USD/CAD, at the current market price of $1.3950</p></figcaption></figure>

### Opening Short

> **STO \<base & quote tickers> @ \<price>**\
> I.e. *`STO USDCAD @ 1.395`*

To open a **short** forex position, use the trigger **`STO`** followed by the base & quote tickers without separation, then the symbol **@** before the price.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2FdvvBwiLIolRfmstlhaYk%2Fimage.png?alt=media&#x26;token=f3d41632-58cf-4327-b95a-987f714ba559" alt=""><figcaption><p>Example of opening a short position for USD/CAD at the price of $1.395</p></figcaption></figure>

{% hint style="warning" %}
Final Notes:\
\- **Do not use `$` with tickers.** \
**- Do not separate base & quote tickers with a `/` slash or any character.**\
\- Submit using a specified price, or use `CMP` or `M` for submitting at the current market price.\
\- Multiple trades can be submitted in a single message by using 3 back ticks (\`\`\`) before and after the whole message.
{% endhint %}

## Using Slash Commands

Submitting trades through slash commands has a more user friendly aspect to it but can take some seconds longer than text messages.

Type in `/open` then select `forex`.

Type in or select the direction `Long` or `Short`.

Input the base and quote currency tickers, do not separate them with a `/` slash or any character.

Enter in the price or use `0` for the current market price.

Notes can be added and are optional. [Trade Styles](https://docs.nvstly.com/trade-styles-risk-flags-and-trade-notes#trade-styles) (swing, scalp, etc.), [Risk Factor Flags](https://docs.nvstly.com/trade-styles-risk-flags-and-trade-notes#risk-flags), and a Take Profit and/or Stop Loss ([#setting-tp-sl-with-trade-submission](https://docs.nvstly.com/setting-tp-sl#setting-tp-sl-with-trade-submission "mention")) can all be added by using the notes.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2FJZJUysYDlFeK24MAXkSZ%2F%7BFD99E266-789F-4D5A-BCCF-FAFEABA83611%7D.png?alt=media&#x26;token=b8d2828b-36d1-4b34-94b2-b5f3b2d9b75d" alt=""><figcaption><p>Example of opening a long position for USD/CAD at $1.3950, and setting both TP/SL.</p></figcaption></figure>