Sale Process
Learn how to effectively sell your positions on PMF Finance to realize profits or manage losses.
Overview
The sale process allows you to exit your positions in prediction markets, converting your shares back to USDC. Understanding when and how to sell is crucial for successful trading.
Types of Sales
Market Sales
- Immediate execution at current market price
- Best for quick exits or volatile markets
- May experience slippage on large orders
Limit Sales
- Execute only at your specified price or better
- Better price control but execution not guaranteed
- Ideal for profit-taking strategies
Step-by-Step Sale Process
- Access Your Portfolio: Navigate to Portfolio > Positions
- Select Position: Choose the position you want to sell
- Choose Sale Type: Market order or limit order
- Set Parameters: Specify quantity and price (for limit orders)
- Review Order: Confirm details and estimated proceeds
- Execute Sale: Submit your sell order
Best Practices
- Monitor market conditions before selling
- Consider partial sales to lock in profits while maintaining exposure
- Use limit orders for better price control
- Factor in fees when calculating net proceeds
Common Scenarios
Profit Taking
When your position has gained value and you want to secure profits.
Loss Cutting
When your position is losing value and you want to limit further losses.
Rebalancing
When you want to adjust your portfolio allocation.
Next Steps
- Learn about the Redemption Process for PMF shares
- Explore Trading Best Practices for advanced strategies