Why might I need to close orders partially?
Managing risk is an important part of every well-thought-out trading strategy, and in many cases dividing trades into two (or more) portions can secure your investment and guarantee a steady profit. With partial close, you can secure a minimum gain from every trade with the first portion you close and eventually a greater profit with the second portion.
The MetaTrader platform allows you to close positions partially:
To do so, follow the steps below:
Desktop:
- Click on the "Close Position" in the context menu of the appropriate position:
- Enter the value of the volume to close:
Please note that the number you select shows the amount that will be closed, not the one that remains. - Click on the yellow "Close" button.
Mobile:
- Proceed to the “Trade” tab and click on the position you wish to close partial;
- Click on the “Close position” button;
- Enter the value of the volume to close:
Please note that the number you select shows the amount that will be closed, not the one that remains. - Click on the yellow "Close" button.