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Close %, Edit, No time exit, BE and Close: managing an open trade

Close any part of a trade now or when the price reaches your level, change the stop-loss and take-profit at any time, move the stop to break-even, close half or everything, and read the management log.

What it is

Every open trade on a trading account - demo, paper and live - can be managed by hand at any time, whatever model or algorithm opened it. The buttons sit in the Manage column of Trading → account → Open trades:

Button What it does
Re-analyse Re-scores the trade on fresh data (hold / push the stop / exit). See Re-analyse an open trade.
Close % Close any share of the position now, or when the price reaches a level you choose.
SL past pile Move the stop just past the biggest liquidation pile on the losing side. See Liquidation map, Stop piles and SL past pile.
Edit Change the stop-loss and the take-profit.
No time exit Cancel every clock-based exit of this trade: the time stop, the 12-hour stop tightening of Pair Model trades and the "signal horizon over" exit. The trade then ends only at its stop, its take-profit, a trailing stop or your own close. It asks you to confirm first; the Time stop column then shows off. It cannot be switched back on for that trade.
BE Move the stop to break-even: the entry plus the round-trip fees, so a stop-out there costs nothing net. Greyed out once the stop is already at break-even.
50 % Close half the position at market and move the stop to break-even.
Close Close the whole position at market.
log The management log: every stop move, partial close and guard action on this trade, yours and the platform's.

On a live account every action is carried out on the exchange: closes are sent as reduce-only orders and stop / target changes replace the exchange orders, so what you see in the table is what the exchange holds.

Close %: part or all, now or at a price

  1. Click Close % on the trade.
  2. How much (% of the position): type a number or click 10 %, 25 %, 50 %, 75 % or 100 %.
  3. At what price: - leave it empty to close now at market; - or type a price - above or below the current price both work. When the price reaches it, that share is closed at market.
  4. The line under the fields shows what that share would make or lose at that price, before fees, and the move from the entry.
  5. Click Close … % now or Close … % at ….

Waiting close orders are listed in the same dialog under Waiting close orders, each with a Cancel button. You can stack several, for example 25 % at one target and 25 % at a higher one.

Things to know:

  • Your own close never moves the stop. The stop-loss and take-profit stay as they are for the rest of the position; change them with Edit if you want.
  • A price-triggered close is held and watched by the platform, not placed as a resting order on the exchange. When the price gets there it is sent at market, so in a fast market the fill can be a little worse than your level.
  • If the stop or the take-profit closes the whole trade first, waiting close orders simply lapse.

Edit: stop-loss and take-profit

  1. Click Edit on the trade.
  2. Stop-loss: a closer stop means less risk. A stop above the entry for a long (below for a short) locks in profit.
  3. Take-profit: the price at which the whole position closes.
  4. Under each field you see what the level means: the move from the entry in % and the result in USDT before fees.
  5. Save. The dialog refuses a stop on the wrong side of the current price (a long's stop must be below it, a short's above) and the same for the take-profit.

The new levels apply at once. The platform's own management (for example the late trailing of a Pair Model trade after 12 hours) still continues from your new stop and only ever tightens it.

The numbers in the table

Column Meaning
Stop The current stop; BE = at break-even, trail = trailing behind the best price.
TP1 / TP % The take-profit and how far it is from the entry (% of price, and below it % of the margin).
Expected at TP What the trade adds to the balance if it closes at the take-profit, after fees and funding so far. Hover for the stop-loss case.
Net What closing now would add to the balance, after the close fee and funding.
Best The best price since entry; a trailing stop follows it.
Time stop Time until the 12-hour mark. For Pair Model trades the trade is not closed then: the badge changes to trailing and the stop tightens half way toward the price and trails. off = you cancelled the time exit with No time exit.

Limits and caveats

  • Manual changes are yours: the platform will not undo them, but its guards (the max loss guard and, on Pair Model accounts, the late trailing) keep working.
  • A stop moved further away increases the loss if it is hit. Check the USDT figure under the field before you save.
  • Leverage cannot be changed on an open trade.
  • Closing at market costs the taker fee and can slip in a fast market. See the risk disclosure.