Jump to content
The Twitter Feeds are now back on the Platform ×

cash in without closing a position


sb3

Recommended Posts

Is it possible to partly cash in on a running profit without closing that position? Or do I have to close it and reopen it in order to realise the funds?

 

In the time since I opened the position the margin increased which is why i don't want to close it.

 

Cheers!

 

Sb

Link to comment

Hi - if you want to release profit from the running profit and loss, then you will need to close the position. If the margin has increased on the trade then irrespective of whether or not you close / reopen, or just leave the trade, then both will margin at the same value. You should also be able to partially close the position if you wish. 

 

It's worth noting that there isn't any difference between realised and unrealised profit when trading with IG, so apart from the psychological aspect there is no financial gain for doing so. (In fact it works out more expensive as you'd be paying the spread to close / reopen). 

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      21,696
    • Total Posts
      92,060
    • Total Members
      41,982
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    mixer50x350
    Joined 31/03/23 21:31
  • Posts

    • Hello everyone, i am looking to hold shares long term Apple Tesla in a spreadbetting account just wounded if there is a calculation example Tesla $195.00 1 share = ? ponds per point spread bet. Thanks for any help
    • #USDCAD: Time For PullbackUSDCAD reached a key level.Testing that, the price broke and closed above the resistance line of a falling wedge pattern.I expect a pullback now.Goals: 1.355 / 1.3577  
    • Charting the Markets: 31 March The FTSE 100, DAX 40 and Nasdaq 100 surge higher on a positive outlook as EUR/USD, GBP/USD pause their ascents while USD/JPY continues to rise as the greenback appreciates. WTI remains capped by resistance, gold forms a technical triangle as Robusta coffee trades near six-month highs.   Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Friday 31 March 2023                 This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
×
×
  • Create New...