> For the complete documentation index, see [llms.txt](https://manic.gitbook.io/manic.trade-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://manic.gitbook.io/manic.trade-docs/trading/mode-types.md).

# Mode Types

When users are opening positions, they can choose between Individual Mode and Unified Mode. As the expiry time for each mode is different, the payout will differ as well.

* Individual Mode: Each trade settles independently based on its own specific timeline. Users can see the expiry time once opening a position.

<figure><img src="/files/pqHPhsrUL08zGFcjRxHS" alt=""><figcaption></figcaption></figure>

* Unified Mode: All active trades settle simultaneously at a shared, specific point in time.

<figure><img src="/files/QWZdiSjNgQUaW9pUaH6B" alt=""><figcaption></figcaption></figure>