MetaTrader & Position Sizing question

Quoting chartmonkey

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Hi All,

I'm using metatrader. Once my position (2 lots) is in profit by around 10 pips I'd like to take half the position to lock in some cash. I can't figure out how to do this with MetaTrader. Every time I try all it does is open a new position in the opposite direction. Any ideas? I'm using the one from Strategy Builder Fx.

Thanks
cm

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Quoting chartmonkey

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Righto - That's what I tried to start with. But when I do that the drop down box that contains position size is greyed out. I cannot change this value with my version of MT4.

Maybe it's a broker thing? Which broker do you use?

Thanks,
cm

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