# Open a Short Position

### About

Taking a short position means you are betting on a price decrease. In this case a loan is taken out in the risk asset to immediately sell it with the goal of making a profit when the price moves down.&#x20;

### **Step-by-step guide**

1. Select a pool with the desired asset on the main screen of the app.&#x20;
2. Click “Short” (1), input margin amount (2), choose leverage (3) and press Short button (4)

<figure><img src="https://698120604-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQiFBW4qPpAjrKQaezZ3s%2Fuploads%2F8UZM8ymHP6zlom2BEphF%2FDoc%209.png?alt=media&#x26;token=a6139097-0ae9-4ab5-ac75-429ba981b708" alt=""><figcaption></figcaption></figure>

3. Sign transaction in wallet
4. Receive confirmation&#x20;

<figure><img src="https://698120604-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQiFBW4qPpAjrKQaezZ3s%2Fuploads%2F0gULWYLlNNQ9M2Oy5A0s%2FDoc%2010.png?alt=media&#x26;token=59148e99-03a9-4fa9-8e1c-b8fe6ff2ac68" alt=""><figcaption></figcaption></figure>
