Close Position

Brief

This section describes all possible ways of closing a position.

Details

To close a position:

1. Do one of the following:

• Click the position line or label.
• Right-click the position line, label or marker, and then click Close Position.
  
  Note: To make sure that the marker is the marker of the appropriate position, point to the marker. A tooltip indicating the trade operation (Long or Short), the open price, the date and time when the position was opened, and the current position profit/loss in pips will appear.
• Click the position arrow marker.
• Right-click the position arrow marker, and then click Close Position.
2. The Close Position(s) dialog box will appear.
   
   
   
   To view a five minute mini chart for the position symbol, click Chart.
   On the mini chart, you will see a line on the level of the current market price for the trading operation of the order.
   You will also see the position line if the position price is currently visible on the chart; otherwise, you will see the position marker at the upper or lower border.
   If stop/limit orders are added to the position, you will also see lines on the levels of their prices.
3. In the Amount (K) box, select or type the amount.
   Note that the amount of the commission to be charged for closing the position is shown in Comm.
4. In the Order Type box, select the order type, and then select or type the range in the appropriate box if necessary.
   On the mini chart, if the range is greater than zero, you will also see two lines indicating the current range. You can change the range by dragging either of these two lines to the necessary level. You can also set the range by holding CTRL and dragging the order line to the necessary level.
5. In the Time In Force box, click the necessary Time-In-Force option.
6. Click OK.