In this article we explain how to:
- Close or reduce a position in SaxoTraderGO and SaxoTraderPRO
- Close or reduce a position in SaxoInvestor*
- Close a position by placing an opposite trade
Close or reduce a position in SaxoTraderGO and SaxoTraderPRO
- From the Trading area go to Positions
- Click Close on the position you want to close.
- Click Close Position
- To close part of the position, first, click on the minus sign to reduce the quantity, then click Reduce Position
Close or reduce a position in SaxoInvestor*
- From the Portfolio area go to Overview
- Under Positions click Sell on the position you want to close.
- Select the quantity you want Sell.
- To close, the quantity you Sell has to match the quantity you bought.
- To reduce, just select part of that quantity.
- Finally, click Sell.
Close a position by placing an opposite trade
Another method to close or reduce a position is by opening a new position in the opposite direction.
Opposite positions will be netted out at the end of the day unless:
- They are opened from different (sub) accounts.
- or if the position is not available for netting due to related orders (take profit/stop loss).
Please read more about Position netting.