closing one position when theres more than one opened

• 02/23/2021 at 1:30 AM #162395
  kevin12345

  hi,

  if i have more than one position in the market and i want to close a specific position, how do i do that?

  

  kevin12345

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  02/23/2021 at 7:06 AM #162398
  robertogozzi

  You cannot close a specific position, just one position (exit 1 Long position instead of exiting all positions):

  SELL 1 contract AT Market //instead of SELL AT Market

  1	SELL 1 contract AT Market //instead of SELL AT Market

   

  

  robertogozzi

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  02/23/2021 at 9:10 AM #162403
  kevin12345

  if i have 4 long positions and i sell 1 of them, which one does it sell? most recent or first one that was opened?

   

  

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  02/23/2021 at 9:51 AM #162407
  robertogozzi

  Good question…. I don’t know, but I guess ProOrder’s logic should be to close the most profitable one!

   

  

  robertogozzi

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  02/23/2021 at 10:40 AM #162409
  GraHal

  In my experience when manual trading, the position that gets closed first is the oldest position!

  If the oldest position happens to be the biggest loser then tough … that is what gets closed!

  Easy to test out on Demo in Auto-Trading (with a trial / quickie code) … be sure to let us know your finding please?

  

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  02/23/2021 at 2:11 PM #162435
  Nicolas

  Closing position is FIFO (First In First Out), so it is always the oldest order that is closed first.

  2 users thanked author for this post.

  GraHal, robertogozzi

  

  Nicolas

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