🔸Closing a Position
How to manually close a trade and how to lock in some gains.
Last updated
How to manually close a trade and how to lock in some gains.
Last updated
If you feel your trade is going against you, you have full power to close it early. Simply click the CLOSE button for the trade you wish to close:
Closing a position with 13.3 pips profit will add these to your Banked Pips
You will notice:
You have advanced 13.3% toward your target of 100 pips in the round chart.
You have 13.3 pips more to risk in Pips Available, meaning the largest trade you can open now can have a SL to 63.3 pips now and not 50.
You are 13.3 pips further away from losing the Level.
You are 13.3 pips closer to winning the Level.
Locking some gains 🔐
We just explained to you how to manually close a trade. Imagine that you risked 30 pips and the price already moved 50 pips in your favor, you do not want to close it, but you want to move your stop loss to lock in some gains; remember that your stop loss can not be closer than 5 pips to the actual price. So if you are winning 10 pips, you will be able to move your stop loss and lock a gain of 5 pips, as the price moves higher or lower, you'll be able to keep following the price from 5 pips behind.
