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Open PositionTable of ContentsSTOP/LIMIT order

A position may be closed completely or partially, that is only a part of opened lots may be closed. Also, as a position is being closed, another one may be opened for the same instrument (currency) in the same transaction.

To close a position:

  1. Select it from the list of open positions (Open Positions), make it current, call a drop-down menu by right clicking the position, select Action from the menu.
    Closing a position
    Figure 1. Position closing menu

  2. Fill out the position closing form and submit it by clicking the GO button. If the Cancel button is clicked, the request will be cancelled.
    Position closing form
    Fig 2. Position closing form.

    As for opening a position, the Price field may be checked and a price entered beneath. In this case, the position will be closed without confirmation.
  3. If the market is open and the form is properly filled, the price expectation window will appear followed by the price itself:
    Price expectationPrice received
    Fig 3. Price expectationFig 4. Price received
  4. Regular buttons BUY and SELL are replaced by the Open and Close buttons. If the Close buttons is clicked, the selected position will be closed. If the Open button is clicked, the selected position will not be closed. Instead, a new position for the same currency and on the same side of the market will be opened.

Open PositionTable of ContentsSTOP/LIMIT order


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