4. Close a Position
Last updated
Last updated
A position can be closed totally or partially by the trader at any time. These actions make the margin (with its corresponding profit or loss) available for following trades or to be withdrawn from the Account Manager.
In order to close the position in its full size, traders can go to the Positions tab and use the Close button at the right of the selected Position without changing the preset 100%.
Additionally, users can close the position by clicking on the "x" shown next the current PNL in the chart.
Positions can also be partially closed by changing the percentage in the Close button to one of the preset values ranging from 10% to 75%.
This action will reduce the size of the position and make a portion of the margin available for following trades or to be withdrawn from the Account.
Conditional orders that are programmed on the Account Manager to be execute when a certain parameter is met, such as Limit, Stop, Take Profit and Stop Loss, can be canceled at any time by the user by going to the Orders tab and using the CANCEL button at the right of each order.
Orders that are programmed on the Account Manager to be executed when a certain parameter is met, such as Limit, Stop, Take Profit and Stop Loss, can be modified at any time by the user by going to the Orders tab and using the MODIFY button at the right of each order.
After using the MODIFY button next to the order, a pop up message will allow users to input a new price to trigger the order. Once the user input the desired price, a preview will be shown. To confirm the change in the order, use the MODIFY ORDER button.
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