Glossary

Position

Market basics

A position is the open long or short exposure that remains after a deal.

Explanation

MetaTrader 5 defines a position as the number of bought or sold contracts of an instrument. In the netting system there is one common position per symbol. In the hedging system each deal can open a further position, including one in the opposite direction. The broker chooses the accounting system. Stop loss and take profit belong to a position or to a pending order. They are removed when the position is fully closed. A position is the open risk. Closing it is a separate deal.

This page explains published terms for education and reference. It is not financial, investment, tax, or trading advice, and it does not recommend a firm, product, or strategy.

Related terms

Sources and last check

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