Can I trade long and short?

Direction describes your exposure

You can trade long or short where the instrument and account rules support it. A long benefits from rising prices; a short benefits from falling prices. Either can lose money, pay commissions and consume margin.

For a linear contract, direction changes the sign of price-movement PnL. Leverage changes how much exposure your margin supports, not whether a price move is profitable for a long or short.

Closing is not the same as opening the opposite side

Use the position's close controls when your intention is to exit or reduce exposure. An opposite-direction order may reduce or otherwise change an existing position depending on its order settings and current state. Review the resulting position instead of assuming every Sell creates a separate short.

Hedging restriction

Permission to choose long or short is not permission to hedge. Perpify prohibits hedging, including prohibited offsetting positions or strategies designed to hedge exposure across accounts where covered by its trading rules. Do not set one account long and another short as a way to bypass risk restrictions.

Copy trading is permitted but does not override the hedging ban or authorize automated bots/EAs. Read the dedicated restrictions before combining several accounts or execution tools.

Before submitting

Confirm the account, market and intended direction; inspect quantity, notional exposure, margin and TP/SL placement. Long take-profit is above entry and stop-loss below; short take-profit is below entry and stop-loss above. Trigger prices must follow the instrument's tick.

A displayed quote is not a guaranteed fill. Simulated execution uses genuine available depth and applies trading costs. If the result differs from your intended exposure, stop and check the order and position history before placing another order.

Related guidance

Read How are profits and losses calculated? and Can I use take-profit and stop-loss orders?.