The Positions section allows you to monitor all your currently open positions across your connected exchange accounts in one centralized place. By the end of this guide, you will know how to track your position performance, view detailed breakdowns, and easily close positions using various order types.
Web Dashboard Instructions
Navigate to the left sidebar, click on Portfolio, and select the Positions tab.
Review your open positions in the main list. Here you can monitor key metrics like Direction, Size, Margin, and Unrealized PNL (uPnL).
To close a specific position, click the Sell button located next to it in the list.
Select your preferred order type to execute the closure.
Mobile App Instructions
Open the app and tap on Portfolio in the bottom navigation bar.
Tap the Positions tab at the top of the screen to view your active positions and allocation chart.
To close a specific position, tap the Sell button next to it.
Choose your desired order type to complete the transaction.
Exploring Position Details
Clicking or tapping on any position in your list will open the Position Details panel. This provides an in-depth look at your specific position through two helpful tabs:
General: Displays a detailed price chart, account and status information, and comprehensive position details including your Leverage, Margin Type, and Liquidation Price.
Trades: Lists your open and closed trades that are associated with this specific position.
Order Types for Closing Positions
When closing a position directly from Cornix, you can choose from the following order types:
Order Type | Description |
Market | Sell as soon as possible at the first available price in the order book. |
Limit | Place a limit order at a specified price. |
Stop Market | Specify a trigger price that automatically closes the position with a Market order once reached. |
Stop Limit | Specify a trigger price that automatically places a Limit order once reached. |
💡 Note: Closing a position directly from this section is especially helpful when you are closing a trade using the Keep Coins option, you can learn more about closing trades here
Understanding Trades vs. Positions
It is important to understand how Cornix handles your trading activity compared to your exchange:
Trades (Cornix): You will mostly operate with Trades on the Cornix platform. This gives you the flexibility to open and manage several trades of the exact same symbol at the same time, keeping the orders connected to each separate trade.
Positions (Exchange): On the exchange side, you will usually see Positions instead of Trades. This means several trades with the same symbol will be merged and appear as one single position, with an adjusted average entry price.