> ## Documentation Index
> Fetch the complete documentation index at: https://docs.entry.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# Trading FAQ

<AccordionGroup>
  <Accordion title="What is the difference between an order and a position?">
    An order is an instruction sent to the market. A position appears only after that order is executed. One position can also have multiple related orders attached to it, such as **Take Profit** and **Stop Loss**. See [Open positions and orders](/using-the-terminal/open-positions-and-orders).
  </Accordion>

  <Accordion title="What is the difference between a Market order and a Limit order?">
    A **Market** order aims to execute immediately at the best available price. A **Limit** order waits until the market reaches the price you chose.
  </Accordion>

  <Accordion title="What is the difference between Long and Short?">
    **Long** means you are trading for price growth. **Short** means you are trading for price decline.
  </Accordion>

  <Accordion title="What is cross margin?">
    Under **Cross** margin, open positions can use the broader available account balance as support. This gives the trade more room, but it also exposes more of the account.
  </Accordion>

  <Accordion title="What is isolated margin?">
    Under **Isolated** margin, only the margin assigned to that specific position is at risk. This gives tighter control over one trade, but the position can be liquidated faster if it moves against you. See [Liquidation price and risk engine](/trading-basics/liquidation-price-and-risk-engine).
  </Accordion>

  <Accordion title="Why does my available balance keep changing while a trade is open?">
    Available balance can change because of unrealized PnL, margin usage, and active orders. Under cross margin, these effects are especially visible. See [Margin explained](/trading-basics/margin-explained).
  </Accordion>

  <Accordion title="Why did my perpetual position PnL change even though price barely moved?">
    On perpetuals, the result can change not only because of price, but also because of [funding](/trading-basics/funding-rate-and-payments). If you held the position through a funding event, check **Funding History** and the market's current funding conditions.
  </Accordion>

  <Accordion title="Where can I see my active orders?">
    Open the **Orders** tab in the lower panel of the trading screen.
  </Accordion>

  <Accordion title="Where can I see my open positions?">
    Open the **Positions** tab in the lower panel of the trading screen.
  </Accordion>

  <Accordion title="How do I add Take Profit and Stop Loss?">
    You can add them in the order panel before opening the trade or from the **Positions** tab after the position is already open. See [How to manage TP/SL](/using-the-terminal/how-to-manage-tp-sl).
  </Accordion>

  <Accordion title="What is breakeven position?">
    **Breakeven position** is a dedicated Entry Finance feature that places a stop-loss order at the breakeven level for an open position. It removes the need to calculate the breakeven level manually. See [Breakeven position](/using-the-terminal/breakeven-position).
  </Accordion>

  <Accordion title="How do I edit or cancel orders?">
    Active orders can be canceled from the **Orders** tab. Related exit orders such as **TP** and **SL** are managed from the **Positions** tab. See [Edit or cancel orders/positions](/using-the-terminal/how-to-edit-or-cancel-orders).
  </Accordion>
</AccordionGroup>