Trim/Partial Close

Partially closing or trimming positions allows for locking in gains for stats while still keeping the position open for potentially more future gains

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)

I.e. STC AAPL @ 150 partial BTC SPY 4/01 460p @ 2.40 trim

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.

When options trades expire that have been trimmed or partially closed, the position will be closed at the last trimmed/partial price.

Example #1

Example of partially closing $TSLA short position

Example #2

Example of partially closing $MSFT long position

Example #3

Example of partially closing $AAPL long position

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.

Using Slash Commands

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.

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.