Reduction (partial closing)
Traders can reduce positions they are holding (partially close positions), stop losses and reduce the expected risk of positions, or take earnings. The following is a reduction demonstration:
In the [submit entrustment] area, click the [close position] button to switch to close position.
- Select entrustment type
Click the drop-down box on the right of the entrustment type to select the price limit mode.
- Enter price and order QTY
Enter $7074 in the [price] Field
Enter 100 pieces in the [position] Field
Short positions send out buy / close orders when closing or reducing positions, and can match with the order of the seller's market. At present, the latest transaction price in the market is around $7075, and the $7074 selling order entrustment belongs to the discount order entrustment, which can be matched with the order to complete the transaction.
Confirm reduce one's position size
Check the market change and confirm to close the position according to the price/number order QTY.
Send out reduction Entrustment
Click the sell / long button to send out the entrustment after review
Select the closing column on the right side of the position, enter the price and position quantity to reduce/close the position, or quickly close all positions according to the market price.