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How to close trade manually?

Learn how to close trade in the app

T
Written by TradeReview team
Updated over 3 months ago

Steps to Close Trades Manually

  • Log in to your TradeReview account.

  • Find your trade in the table and click on it to open "View trade" page

  • After Click on Execution tab

  • To close a trade, you need to add an execution that offsets the open position:

    • Entry date and time: The exact time of the closing execution.

    • Side: If the trade was opened with a Buy, then closing requires a Sell, and vice versa.

    • Contracts/Shares: Enter the number of contracts or shares you are closing.

    • Price: The exit price.

    • Commission: Any commission associated with the closing trade.

    • Fee: Any applicable fees.

  • Alternatively you can click on Close button and specify price for newly created execution

  • Double-check the details before saving.

  • Click on “Save Trade” button to save the trade

Best Practices for Closing Trades

  • Always close trades in the journal once the position is exited in your brokerage account.

  • Record partial exits as separate executions until the position is fully closed.

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