For an open position, Automatic Liquidate can occur when the market price meets one of the following defined (but not limited to) conditions:-
- Trade Stop Loss - when the trade goes against the direction of the position and closes out to prevent losses exceeding your initial investment; as indicated under the SELL / BUY Button Price (see below for example).
- Stop Loss - Regular (with Advanced Trading Options)
- Stop Loss - Trailing (with Advanced Trading Options)
- Sell Limit (with Advanced Trading Options)
The pre-defined threshold price must be sustained for a minimum of 2 seconds at the exchange, in order for the corresponding price trigger to take effect.
Note: Where a trade position auto-liquidates (closes), please observe the following -
LONG (BUY) TRADE:
P/L referenced and calculated from the displayed SELL Price.
SHORT (SELL) TRADE:
P/L referenced and calculated from the displayed BUY Price