> For the complete documentation index, see [llms.txt](https://docs.nvstly.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.nvstly.com/submitting-forex-trades-on-discord/closing-trades.md).

# Closing Trades

How to close forex positions

{% hint style="info" %}
Closing triggers;\
**`STC`** is used to close long\
**`BTC`** is used to close short
{% endhint %}

### Closing Long

> **STC \<base & quote tickers> @ \<price>**\
> I.e. *`STC USDCAD @ 1.395`*

To close a **long** forex position, use the trigger **`STC`** followed by the base & quote tickers without separation, then the symbol @ before the price.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2FWbdgyk5GLIEja1Xs8g7t%2Fimage.png?alt=media&amp;token=1d8ed9c3-703f-40bd-81dd-f3ce4c19c688" alt=""><figcaption><p>Example of closing a long position for USDCAD at the current market price of $1.3950</p></figcaption></figure>

### Closing Short

> **BTC \<base & quote tickers> @ \<price>**\
> I.e. *`BTC USDCAD @ 1.395`*

To close a **short** forex position, use the trigger **`BTC`** followed by the base & quote tickers without separation, then the symbol **@** before the price.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2FIbE7qyNXsuaC7W4QehRD%2Fimage.png?alt=media&amp;token=b86dc280-e77b-4f8a-9ef6-8de7335ef7d4" alt=""><figcaption><p>Example of closing a short position for USDCAD at the price of $1.3950</p></figcaption></figure>

##

{% hint style="danger" %}
Final Notes:\
\- **Do not use `$` with tickers.** \
**- Do not separate base & quote tickers with a `/` slash or any character.**\
\- 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.
{% endhint %}

## Using Slash Commands

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 `forex`.

Type in or select the direction `Long` or `Short`.&#x20;

Input the base and quote currency tickers, do not separate them with a `/` slash or any character.

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.

<figure><img src="https://1979700980-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7y9NJ86ay9CegkK2t71u%2Fuploads%2Fzbjj5GSWedy6ogUjiGkV%2F%7B9359F4FE-EA68-4D6E-929F-27A377E301F1%7D.png?alt=media&amp;token=4a57d9e8-88b8-47f6-8d06-e039d4472594" alt=""><figcaption><p>Example of closing a long position for USD/CAD at $1.395, with exit notes.</p></figcaption></figure>

{% hint style="info" %}
Did you know?\
Quickly closing trades can be done by using the `$list` or `/list` command to show all open trades, where each one has a button to immediately close it at the current market price. Check out [Commands](/commands/list.md) for a list of all commands and how to use them.
{% endhint %}