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Trading JournalTrade Management

Closing Trade Positions

Add closing orders, optionally in pieces, until the trade is fully covered.

Key takeaways

  • Close an Active trade by opening it, clicking Edit, and adding closing orders.
  • For longs, closing orders are sells; for shorts, they're buys.
  • Each closing fill needs price, quantity, fees, and time.
  • Status flips to Closed when total exits cover total entries - partial exits keep the trade Active.
  • Add a closing note explaining why (target hit, stop, exit signal) for later review.

To close out an Active trade:

  1. Open the trade and click Edit.
  2. Add the closing orders - for a long, that's sell orders covering your remaining quantity (and the reverse for a short).
  3. Set price, quantity, fees, and time for each closing fill.
  4. Save. Once total exits cover total entries, status flips to Closed and realized P&L is shown on the trade.

You can close in pieces - partial exits log as separate orders and the trade stays Active until fully covered. Add a note explaining why you closed (target hit, stop, exit signal); future-you will thank you when reviewing.

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