Partially closing a position from a chart

[goldenbrown]

Hi,

Is it possible in the new platform to partially close a position without going to the Positions Tab? I used to do it using the old platform. Most probably is staring at me but I am unable to see it.

Thanks

[JamesIG]

Hi - you should be able to very easily net off positions (which is what you are referring to) as long as your settings are correct. You can check them here. You can also turn on '1 click dealing' if required via the top right hand corner and you'll be able to trade from the watch lists. I hope this clarifies things. 

 

[goldenbrown]

Thanks,

 

if I net off (as I think you call it) I have a problem left. I often have more than one position open on the same market. So which position will be reduced first? I still think it is best to deal with the issue from the Positions tab, in which case I am sure which position I reduce. But I thought there might be a way to do the operation from the chart itself.

[JamesIG]

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goldenbrown wrote:

Thanks,

 

if I net off (as I think you call it) I have a problem left. I often have more than one position open on the same market. So which position will be reduced first? I still think it is best to deal with the issue from the Positions tab, in which case I am sure which position I reduce. But I thought there might be a way to do the operation from the chart itself.

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So the platform will behave by the industry standard of FIFO (first in first out), however if you would like more control over this then you'd need to do it from the positions tab. From a financial perspective there isn't a difference from a net / aggregate trade size point of view, and your total exposure, however I appreciate it has a psychological aspect on which trades you close.