description |
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Partially closing or trimming positions allows for locking in gains for stats while still keeping the position open for potentially more future gains |
{% hint style="success" %}
Trim/Partial Keywords
TRIM
- SCAL
- PART
- Leaving Some
are all keywords to trigger a trim/partial close & can be used anywhere within the notes.
(trimming, scale, scaling, partial, partially)
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I.e.
STC USDCAD @ 1.395``
trimming
To trim or partially close trades and keep them open, use the trim/partial keywords at the end of the trade or anywhere within the notes, such as trim
trimming
scale
scaling
partial
partially
.
{% tabs %} {% tab title="Example #1" %} Example of partially closing USD/CAD long position {% endtab %}
{% tab title="Example #2" %} Example of partially closing USD/JPY long position {% endtab %}
{% tab title="Example #3" %} Example of partially closing USDEUR short position {% endtab %} {% endtabs %}
When closing trades with trim/partial exit, the final gain percentage is generated by calculating the average of trim(s) and exit returns which is used for final gain/loss that is factored into stats.
The same concept applies to slash commands as with text commands. When using the /close
command, use any of the trim/partial keywords (trim, trimming, partial, etc.) anywhere in the notes field to trim/partially close a position.
{% hint style="warning" %} Trades that have been trimmed/partially closed will calculate the final gain percentage differently. The returns of each trim/partial and the closing return will be calculated into an average gain/return which is used toward stats. However, the bot will reply with an Entry to Exit gain/loss percentage for trades that have been trimmed/partially closed, but this value does not factor into stats and is only for cosmetic purposes. {% endhint %}