1. Manual Close
To exit a position immediately:- Locate the position in the Positions Table.
- Click the Close button.
- Confirm the transaction in your wallet.
2. Limit Close (Take Profit)
You can close a position automatically when the price reaches a certain level:- Take Profit (TP): Set this above your entry (for Longs) to lock in gains.
- Limit Order: You can also place an opposing Limit Order (e.g., Sell Limit if you are Long) to close the position.
3. Stop Loss
A Stop Loss (SL) triggers a Market Close when the price moves against you to a specific level. This protects you from liquidation or larger losses.Settlement
When you close a position:- Your initial margin is returned to your wallet.
- Profits are added to your wallet (in USDC).
- Losses are deducted from your margin.
