Closing Trades
Learn best practices for closing debit spreads: partial vs full exits, handling wide spreads, and avoiding assignment risks across major brokers.
Closing Trades
Sign in to watch this training video
Sign In to WatchDon't have an account? Start your free trial
What you'll learn
When to close vs hold
How to send a close order cleanly
Avoid assignment and liquidity pitfalls
Discussion 3
Sign in to join the conversation and share your thoughts on this video.
If Maya sends you a close trade alert and the trade is active in tos you can create closing order and the system will pick the price. Correct? In the video it was not clear to me. Thx
.Can you explain how to calculate a 94% GTC order? I'm sure it's very simple.Can you explain how to calculate a 94% GTC order? I'm sure it's very simple.
If you are closing a trade and the order isn't filled at the new LMT price you put in what would you do next? Adjust the LMT price down a cent at a time maybe until it does fill? Also my broker platform does not populate the LMT price, so do I select the BID price, or maybe the midpoint between BID and ASK?