Closing your first trade

The trade entry window (closing view)

You close a trade in the same window where you logged it — open the trade from your Trades list and it opens in the entry/edit window. Closing is just adding to the trade rather than creating a new one. The parts that matter when closing:

• Status badge — top of the window, reads OPEN (green) or CLOSED (red). It's derived automatically from the trade's shape — once a closing segment exists, the trade is Closed.
• Trade Groups (segments) — the heart of the window. A trade starts with an Entry segment; closing means adding a Close segment (or Scale Out for a partial exit). Each segment records its own execution(s): date & time, price, quantity, and fees.
• Add‑segment actions — buttons to extend the trade: Scale In, Scale Out, Close (and, for options/futures, Roll, Assignment, Expiry). For a simple stock trade you'll use Close to exit fully, or Scale Out to exit part.
• Current Position — shows the net open quantity remaining after any scale‑ins/outs, and flips to Closed once you're flat.
• Realized P&L / R — computed and shown once the position is closed.

A Close segment auto‑sets its quantity to the current open size (Entry + Scale‑Ins − Scale‑Outs), so a single Close flattens the position for you.

How to close a trade

1. Open the trade. Go to Trades, find the open position, and click it to open the trade window. The status badge will read OPEN.
2. Add the exit. In Trade Groups, click Close to record the exit. (Use Scale Out instead if you're only closing part of the position.)
3. Fill in the close execution. Enter the exit date & time, exit price, and any fees/commission. For a full Close, the quantity is pre‑filled to your open size; for a Scale Out, set the quantity you're exiting.
4. Review the result. The Current Position updates and the Realized P&L / R appear once the trade is flat.
5. Click “Save Changes.” The status flips to CLOSED, and the realized result flows through to your dashboard and analytics.

Tips

• Scaling out. To exit in pieces, add one or more Scale Out segments. The trade stays Open — with the remaining quantity shown in Current Position — until you've closed the full size (or add a final Close).
• Quantities are guided. A Close locks to the open size so you can't accidentally over‑ or under‑close; for partials, you control the Scale Out quantity.
• Identity is locked after entry. Once the Entry has executions, the symbol, side, account, and (for options) strategy can't change — if you're putting on a different position, open a new trade instead.
• You can still journal a closed trade. A closed trade is frozen for executions, but its notes, tags, setup grade, and mood stay editable — perfect for an end‑of‑trade review and an honest grade now that you know the outcome.
• Options have more exit types. Beyond Close, options/futures trades also offer Expiry, Assignment, and Roll segments for those specific events.
• Times are in your zone. Exit timestamps display and bucket in your configured timezone, so the close lands on the right trading day.