Modifying a Position
Last updated
Last updated
You can modify an open trade any time you like. You’ll see below there are options next to each open trade, close and modify.
To modify a TP or SL, click the MODIFY button next to the trade you want to modify
Here you can select by how many pips you wish to modify your trade. You can modify the SL or TP, so long as the modifying price is greater than 5 pips from the current price. This is done deliberately to keep the trader from chasing prices.
If you set your TP wider than your Level target, when you reach enough pips to win the Level, your trade(s) will be automatically closed and you will be advanced to the next Level.