In this guide
What this covers
The gap between opening a leveraged position and remembering to set a stop is where accounts die. Maren closes that gap by attaching protection in the same transaction as entry.
Before you start
Leverage multiplies both directions. At 2× a 50% adverse move liquidates you; at 10× it takes 10%. If you cannot state your liquidation price from memory, you are not ready to size the position.
1. State entry and exits together
Short SOL with 2x leverage, $10,000 notional,
stop at 5% and take profit at 12%.One sentence, three decisions. There is no window in which the position exists unprotected.
2. Read the four numbers that matter
| Number | Meaning |
|---|---|
| Entry | Where you actually got filled |
| Stop-loss | Your chosen maximum loss |
| Take-profit | Where you have decided the thesis is done |
| Liquidation | Where the exchange closes you regardless |
The distance between stop and liquidation is your margin for error. If they are close together, your position is too large — not your stop too tight.
3. Size from the stop, not the balance
Work backwards. Decide the loss you accept in dollars, then let stop distance determine notional:
Risk 200 USDC on this idea with a 5% stop — what notional does that imply?This is the single habit that separates surviving accounts from the others.
A stop-loss is not a guarantee. Gaps and thin books can fill worse than the trigger. Size as though the fill will be somewhat worse than the level.
4. Manage the position, do not renegotiate with it
Maren tracks the position and reports funding, unrealised PnL, and distance to liquidation. Moving a stop further away mid-trade is the tell that the thesis has already broken. Trailing the stop toward profit is fine — see Trail a stop as the position runs.
Tips
- Funding is a real cost on multi-day holds. Ask for the daily rate before committing.
- Voice works well for management ("what's my liquidation price on SOL?") and poorly for entries. Type entries.
- Set a leverage ceiling once in settings; it removes the option of a bad decision at a bad moment.
Troubleshooting
Stop filled worse than the level. Slippage on a fast move. Expected behaviour, not a malfunction.
Position closed unexpectedly. Check funding accrual against margin. Sustained negative funding erodes margin and pulls liquidation toward you.
The controls behind this workflow
- Protection is attached in the entry transaction, not added afterwards.
- Liquidation price is shown before entry, always.
- Leverage above your configured ceiling is refused rather than warned about.
Guides describe how to operate Maren. They are not financial advice, and figures shown are illustrative. You approve every transaction before it is signed.