Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Question about Leverage/Margin/Position Sizing 4 replies

How to calculate forex position sizing / lot sizing 17 replies

Position Sizing question 10 replies

Money Management - Position Sizing Excelsheet 6 replies

position sizing, please help! 8 replies

MetaTrader & Position Sizing question

  • Post #1
  • Quote
  • First Post: Mar 8, 2006 9:24am Mar 8, 2006 9:24am
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
Quoting chartmonkey
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
You can right click the position you want partly close. Choose 'Close Order' to show the Order page. Change the volume to the value you're to close, then close it.

Happy trading,
Steve
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
  • Post #4
  • Quote
  • Last Post: Mar 13, 2006 8:38am Mar 13, 2006 8:38am
Quoting chartmonkey
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
North Finance

Steve
0 traders viewing now