BUY then SELL positions

[eloronz]

Hi Everybody (anybody?), 

Newb here. I have a feeling this will be obvious, but I can't quite work out why when I'm going long then suddenly go short on the same currency pair both trades are immediately closed???? I can kinda understand the long closing but not both????

C :-)

[Caseynotes]

Hi @eloronz,  if the trades are the same size they will just cancel each other out. You need to switch from 'Net Off' to 'Force Open' on the Deal Ticket. See pic.

[eloronz]

I thought it was simple. 😂 Many thanks! 👍

 

[Guest LiamS]

Hi there,

 

A stupid question (probably) is it possible to have both a long and a short position at the same time? i am thinking if something is in a long term down trend, but a scalping long opportunity presents itself, can it be taken or would it close the original position, I am thinking on both FX and Indices?

 

Thanks

Liam

[JamesIG]

31 minutes ago, Guest LiamS said:

A stupid question (probably) is it possible to have both a long and a short position at the same time? i am thinking if something is in a long term down trend, but a scalping long opportunity presents itself, can it be taken or would it close the original position, I am thinking on both FX and Indices?

Hey Liam - Yes - just use the 'force open' button as shown above, and both positions can be run simultaneously. 

[andysinclair]

Another option is to open an additional account, you can then say run your long term positions in one account and your short term positions in another - this is good for keeping track of PL between strategies etc.

[Guest LiamS]

Thank you!!!!

[eloronz]

Further on to this discussion... if you don't select force open it will say "Margin Returned". PAY ATTENTION, I accidentally closed a winning position today because of this. 😖🔫