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.
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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.