# Multiple Open Trades On Single Contract When a user opens two leverage trades simultaneously on the same asset, the two trades share risk, particularly in the context of liquidation. If the price of the asset moves unfavourably, reaching the liquidation threshold, it triggers the liquidation process for both open positions. Similarly when the asset moves up in price, you will reap the rewards on both positions. Let's say a user decides to open two leverage trades on the same asset, both involving the same asset. Each trade has its own leverage level, position size, and liquidation price. Since both trades are based on the same asset, their outcomes are interconnected. If the price of the asset moves in a way that meets the liquidation price for one of the trades, it will result in the liquidation of both trades. Users can manage this risk by diversifying their trades across different assets or by adjusting leverage levels and position sizes strategically and setting and monitoring stop-loss orders can help mitigate the risk of large losses in the event of negative price movements. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.0xleverage.io/best-practices/trading-assets-with-0xleverage/multiple-open-trades-on-single-contract.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.