How to Manage Open Positions in OANDA 2025?
Want to learn how to manage open positions in OANDA? In this step-by-step tutorial, we’ll show you exactly how to track, monitor, and close trades in the OANDA trading platform. You’ll see where to find your active trades in the Positions tab, how to view important details like entry price, profit and loss, margin impact, and how to quickly close positions when needed. Since OANDA does not allow direct editing of open trades, we’ll also explain how Stop Loss and Take Profit orders must be set when placing your trade, and how you can partially or fully close a position to manage risk effectively. This beginner-friendly guide will help you understand the basics of trade management so you can make smarter trading decisions, protect your capital, and improve your forex trading strategy on OANDA.
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