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 These actions make the margin (with its corresponding profit or loss) available for following trades or to be withdrawn from the Account Manager.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action will reduce the size of the position and make a portion of the margin available for following trades or to be withdrawn from the Account.
Now you know how to open and close a position on Horizon Futures. Let's explore how to modify or cancel an order that hasn't been triggered yet.