It is not clear to close a trade share in the MT4 as it should be.
So in this tutorial, I show you exactly how to do it.
The process is not difficult and once you know how it works, you can make partial profits on your trade at any time.
First, let’s take a look at why you want to do it.
Why do traders take partal profits
The main reason is that traders have to remove some of their profits from the table soon, while still allowing themselves to capture large profits.
This can give you a huge psychological promotion and allow you to stay longer with the rest of your trade.
When a trade is in profit, it will come back and end in loss, which can give you a huge event of fear of disappearance.
Many traders will then try to return it to the next trade, which will lead to excessive exceeding, retaliating trade, or profits very quickly.
So taking partial profits can help you get a balance of profit when you are with them and let your profit.
But this is not a magic bullet.
Be sure to support your profitability method before implementing it.
Now let’s really do it.
How to get partial profits on trade in MT4
There are 2 ways to make profit in MT4.
I recommend that it do this in a demo account if you have never done before because if you don’t know what you are doing, you can disrupt good trade and unnecessarily lose money.
Obviously, you should be open of a trade that is larger than 0.01 minimum lat size in the metatrader to do its work.
There are 2 ways to close part of trade:
- Double -click on the commercial entry line on the chart
- Double -click on the open trade in the order window at the bottom of the screen
When you do any of these things, you will see the Edit Order window.
Change the following:
- Type: Change the market process
- Volume: Enter the number of these lots you want to turn off
- Close the button: Once all settings are corrected, click on the yellow off button
This is!
Now you will see that the size of your trade will be reduced in the order window below your screen.
Video of the demonstration
If you want to see it in practice, this video will show you how to do it in MT4.
https://www.youtube.com/watch?v=ezybyxhjwtm
The final views
So how to close your position in Metatrader 4.
It is very useful to take some profit from the table, while still provides yourself with the ability to capture big movements.
Once again, make sure you practice doing so in a demo account.
Also support your method of taking partial profits to ensure that it really gives you a edge.
Read this tutorial, learning how to bake it.
