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

# Manual and spot trading

> Place your own trades from your main wallet.

You can trade yourself from your **main wallet**, as well as copy traders.

## Markets

Browse by **Favorites**, **All**, **Stocks** and **Crypto**, plus Commodities, Indices, FX and Pre-IPO when they are listed, and **Spot**. Stock-linked markets are perps that follow a stock's price. They are not shares.

## Perp orders

The ticket has **Market** and **Limit** orders.

* **Market** fills now, with a slippage cap you can adjust.
* **Limit** rests at your price. Add **Post Only** so it only ever adds to the book.
* You can attach **Take Profit** and **Stop Loss** to the entry, by price or by percent.
* Choose leverage and margin first. See [Trading basics](https://docs.alphayou.net/trading-basics.md).

The app shows the AlphaYou fee next to Hyperliquid's before you confirm. See [Fees](https://docs.alphayou.net/fees.md).

## Manage a position

Each open position has these actions:

| Action | What it does |
| - | - |
| **Limit** | A reduce-only limit order to close |
| **Market** | Close now |
| **Reverse** | Close and open the same size in the opposite direction |
| **Close All** | Close every position |

You can also edit take profit and stop loss on a position. The ticket does not offer standalone stop orders, scale orders or TWAP today.

## Spot

Spot trades the asset itself, in USDC-quoted pairs. It has buy and sell, and market and limit orders. It has no leverage, margin, take profit or stop loss. The AlphaYou fee applies to sells only.

## One-time approval

The first time you trade in a browser, your wallet asks you to approve a trading key and AlphaYou's fee, once. The key stays in that browser and is wiped when you log out. The next login asks for one signature to approve a fresh one. This is separate from the key used for copies. See [Security and custody](https://docs.alphayou.net/security.md).

Hyperliquid sets the market limits.


This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.