Closing Position
Closing a position means removing the initial exposure and making do with the results yielded during the holding period - whether these results are profit or reduce exposure. To close a position means to remove the initial exposure and make do with the results yielded during the holding period - whether these results are profit or reduce exposure. A trader would typically want to exit an open position for one of the following reasons:
to exit is the only appropriate way to meet the margin requirements
the targeted profit has been achieved
the loss level has reached the limit
market conditions have changed
To close your position, Go to Position status and select Close Position and review the final values.
The formula reflecting the Expected Close Price is simple: it is the Market Price of the asset minus the price impact produced by the trade. Hope you have a good profit on closing.
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