What Is a Partial Close

Half a position, closed at one price

A partial close is closing part of a position's size at the current price and leaving the rest open. Take the euro against the dollar bought at 1.17166, its 10:15 close on 17 December 2025, 0.40 lot, with the stop 25 pips below at 1.16916, a worst case of 100 dollars. At 16:45 the price was first 25 pips ahead, at 1.17416. Closing 0.20 lot there — an example — banks 20 hundredths of a lot times 25 pips times 10 dollars, 50 dollars. The other 0.20 stays open at 1.17166 under the same stop, so its worst case is now 50 dollars. Same ticket, half the size.

A bar of chocolate

Picture a bar of chocolate. It breaks along its lines, so a piece can be taken and the rest is still one bar. A position is that bar, and one square is the smallest step the platform allows, 0.01 lot; this trade's 0.40 lot is forty squares. A partial close breaks off some squares and sells them at today's price — twenty here, with twenty left. Nothing about the bar changes except its size. The squares that stay are the same chocolate, at the price they were bought at, under the same stop, and the ones that went are money on the History tab.

This paper is locked