How do I manage futures orders and positions?

Totality uses FIFO (first in, first out) futures positions netting, meaning Futures trades must be closed in the order they were opened.  

 

Individual trades in a position cannot be directly closed, and you cannot place stop and limit orders to close specific trades.

 

To close or reduce a position, you can place a trade using either the Close button on the position or by placing a trade using the Trade Ticket.

 

Related orders:

Stop loss and take profit orders cannot be related directly to individual trades. One-Cancels-Other-related stop and limit orders can be placed instead to protect the net trade position.  

OCO-related stop and limit orders must be managed separately. If you manually close a position, you must also manually cancel any related orders.

 

One-Cancels-Other (OCO) orders for Futures:

One-Cancels-Other (OCO) orders are available on Futures. This will allow you to protect net Futures positions with OCO-related Take Profit and Stop Loss orders. Take Profit and Stop Loss orders can be placed at a fixed price or at a percent-based distance from the current market price.

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