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 - 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 @ 2.4
0 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.
When closing trades with trim/partial exit, the final gain percentage is generated by calculating the trim(s) and exit returns which is used for final gain/loss that is factored into stats.
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.
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