How to Close a Position

Close a position at the market

Right click on that position in the "Open Positions" window.  You will then be prompted with the pop-up menu.  Select "Close Position":

You will then be prompted to confirm that you wish to close the position at the current market (the price displayed in the "Price Close" column of the Open Positions window.

Close a position with a Stop, Limit or Trailing Stop

Right click on that position in the "Open Positions" window.  You will then be prompted with the pop-up menu.  Select "Modify Order".   You will then see the "Modify S/L &  T/P" window in which you can input your Stop Loss, Take Profit (Limit), or Trailing Stop order:

The Stop and/or Take Profit (Limit) order will now display along with the Open Position:

It will remain until you further modify it, or until the position is closed.  It is automatically cancelled once the position is closed.

Trailing Stop

A Trailing Stop will remain at a specified distance as the market moves in your position's favor (following or "trailing" the market), but will remain fixed if the market moves against the position, acting like a one-way ratchet. Enter the number of pips away from the current market at which you wish to set the Trailing Stop.

In this example, a Trailing Stop of "30" with a short GBP/USD position at 1.7517 will place the stop initially at 1.7547.

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