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published-date Published: May 4, 2023
update-date Last Update: November 22, 2023

Trade Management: How to manage your trades?

This short guide will help you keep track of your trades in TradeLocker like a pro. Good trade management is crucial for becoming a good trader.

In the top section of your interface, you can see the following info:

  • Balance
  • Profit & Loss
  • Equity
  • Margin Used
  • Margin Available
  • Margin level
  • Credit.

 

At the bottom section of your interface, you can see your trades:

    • Open: Shows data about your open trades
    • Pending: Shows data about your pending orders
    • Trades: Shows all executed trades, including open, pending and closed
    • History: Shows only closed trades

 

 

When you open your open trades, on the far right, you will have the following options:

Copy Trade ID
copy trade ID symbol in tradelocker

 

 

 

 

Edit Trade
edit trade symbol in tradelocker

 

 

 

 

Partially Close Trade
partial close trade symbol in tradelocker

 

 

 

 

Close Trade
close trade in tradelocker

 

 

 

 

When you decide to close a trade, a pop-up box will show up and ask you to confirm your action.¬†That is because you don’t have one-click trading enabled. When it is enabled, the message will not show.

enable one-click trading in tradelocker

If you want, you can enable it right then when the pop-up shows. If not, you can always turn it on later.

In order to edit your trades, you must first click on the edit button of the trade you wish to edit.

By clicking on this button, your position will open up in the order panel, and your SL (Stop Loss) & TP (Take Profit) levels will be displayed on the chart.

tradelocker platform editing trades

You can then edit your trade. You can do this directly on the chart or via the provided SL/TP calculator.

 

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