Managing Open Positions

The Trade History Tab provides detailed insights into your executed trades, including realized PNL, trading fees, and the overall success of your strategies. You’ll also learn how to navigate and use this tab effectively.

Watch Our Quick Video Guide: How to Set TP/SL in Futures Manual Trading on Bitsgap - Easy Tutorial!

How To

1. Monitor Positions

Keep track of your open positions in the "Positions" tab.
View details such as entry price, current PNL (Profit and Loss), and leverage.

2. Set Take Profit and Stop Loss

Protect your profits and limit losses by setting Take Profit and Stop Loss levels at any time during the trade:

Take Profit: Automatically close the position at a specified profit level.
Stop Loss: Close the position if the price moves against you to a certain level.

3. Reverse your position

Click the Reverse button to instantly close your current position and open an opposite one with the same size. This allows you to quickly switch trading direction without manual order adjustments.

4. Close a Position

Choose between Market or Limit orders to close your position instantly or at a desired price.

What's Next

Advanced Knowledge in Manual Trading: Dive into advanced technical analysis tool that combines signals of several indicators and oscillators.
Order Types in Manual Trading: Explore the different order types available on Bitsgap, including Limit, Market, Stop-Limit, and how to use them effectively.

Need Assistance?

If you encounter any issues or have questions, don’t hesitate to contact the Bitsgap Customer Support Team.