Manage Open Positions
Positions can be managed in the 'Open Positions' section the Trade page: 1. To Close a trade click 'Close X' and select the close type. 2. To add a Stop Loss/Take Profit - click SL or TP respectively.
Here you can control and manage all of your open positions - review the current stats of your open trades, add/edit Stop Loss or Take Profit, as well as close positions.
When adding a S/L or T/P to an active order or position, simply enter the desired S/L or T/P price (or alternatively, select the ROE% at which the SL or TP will be triggered) and click "SET":
Adding or removing margin to/from a position lets traders reduce or increase the amount of their personal margin in a trade (essentially, decreasing or increasing their leverage accordingly).
This feature acts as an additional risk-management tool, allowing traders to employ a wider array of trading strategies by providing more flexibility and control over their trades.
To increase or decrease the leverage of a position:
- 1.Click on the Margin value of a position reflected in the ‘Margin’ column of the ‘Open Positions’ section:
- 2.In the margin adjustment confirmation window, select the leverage that you want to set and review the changes that will be made to the position:
30Adjust margin confirmation.png
- 2.Click ‘CONFIRM’ to change leverage