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3 answers

(1) Close the position.

(2) Convert the position to a conversion, reversal, box, jelly roll or similar spread.

2007-06-02 12:56:40 · answer #1 · answered by zman492 7 · 0 0

Locked Positions
Locked positions are positions of equal size on the same account on the same instrument but in opposite directions (buying and selling). For example, a trader opens a trade to sell EURUSD of one lot. After a while, the price starts to go against the expectations of the trader and the trader decides to open an opposite position, buying the same amount of the trading instrument. As a result, his losses on the first position are fixed.

http://alpari.com/en/beginner/glossary/locked-positions/

2016-03-07 23:58:00 · answer #2 · answered by Anonymous · 0 0

Trailing stops work for me.

2007-06-02 11:22:30 · answer #3 · answered by Common Sense 7 · 0 0

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