
gTrade · Acts onchain
Moves an open gTrade trade's stop loss to a new price, zero for none. The diamond's updateSl rewrites the trade's stop loss in the same block and refuses while a stop loss close of the trade is already being triggered. gTrade keys every book on its trader. A program on a Plug account apart from its wallet acts on the wallet's own book: the Plug account calls the diamond's delegatedTradingAction naming the wallet, which runs the call as the wallet, so collateral is pulled from and proceeds are paid to the wallet and every trade stays the wallet's. The wallet's one standing grant is setTradingDelegate naming its Plug account, sent with its approvals before the first program that needs it; a wallet that is its own socket trades as itself. Reach for it to trail a stop behind a moving price, or to move it to break even once a trade is in profit.