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
Last updated
Partially closing or trimming positions allows for locking in gains for stats while still keeping the position open for potentially more future gains
Last updated
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 USDCAD @ 1.395
trimming
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
.
Example of partially closing USD/CAD 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.
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.