Closing Trades
How to close crypto positions
Last updated
How to close crypto positions
Last updated
Closing triggers;
STC is used to close long
BTC is used to close short
STC <ticker>/<pair> @ <price> [exchange] I.e.
STC BTC/USDT @ 26995 binance
To close a long crypto position, use the trigger STC followed by the ticker/pair (I.e. BTC/USDT), then the symbol @ before the price. By default on new accounts, the crypto exchange is set to Binance and if an exchange name is not specified the bot will log the trade for the Binance exchange.
The default exchange, among other (market, pair) defaults, can be changed. See Defaultsfor more info.
To close a short crypto position, use the trigger STC followed by the ticker/pair (I.e. BTC/USDT), then the symbol @ before the price. By default on new accounts, the crypto exchange is set to Binance and if an exchange name is not specified the bot will log the trade for the Binance exchange.
The default exchange, among other (market, pair) defaults, can be changed. See Defaultsfor more info.
Final Notes:
- Do not use $ with tickers.
- Submit using a specified price, or use CMP or M for submitting at the current market price.
- Multiple trades can be submitted in a single message by using 3 back ticks (```) before and after the whole message.
Submitting trades through slash commands has a more user friendly aspect to it but can take some seconds longer than text messages.
Type in /close then select crypto.
Type in or select the direction Long or Short.
Type in or select an exchange.
Input the ticker & pair with a separator. (I.e. BTC/USDT)
Enter in the price or use 0 for the current market price.
Notes can be added and are optional. Trimming or partially closing positions can be done by using the Trim/Partial Close keywords (trim, trimming, partial, etc.) within the notes.
