positions

What problem does it solve?

This Skill helps traders manage their open positions by automating crucial risk management and profit-taking actions, preventing manual errors and emotional trading decisions.

Core Features & Use Cases

• Automated Stop-Loss: Set fixed or trailing stop-loss orders to limit potential losses.
• Take-Profit Orders: Automatically exit positions at predefined profit targets.
• Partial Exits: Scale out of positions by closing portions at different price levels.
• Use Case: When you open a futures contract, you can use this Skill to immediately set a stop-loss 5% below your entry price and a take-profit order 20% above, ensuring your risk and reward are managed automatically.

Quick Start

Use the positions skill to set a stop-loss for position ID 'pos-123' at a price of $0.35.