Step 14. Executing Buy and Sell Positions on Paper Trading Account

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Place and close buy and sell positions on your paper trading account. Check your position size first (Step 12). The steps are the same on desktop and mobile; the screenshots show mobile. Make sure you are on the paper trading account.

Ensure Correct Position Sizing 0:00

  • Check the position size box and adjust it if needed.

Execute a Sell Position on Mobile 0:22

  • Tap ‘Sell’.
  • The floating P&L shows on screen.

Close the Sell Position 0:59

  • Tap the ‘X’ next to the P&L to close the trade.

Execute a Buy Position on Mobile 1:26

  • Tap ‘Buy’ when you expect price to move up.

Close the Buy Position 2:01

  • Tap the ‘X’ to exit.

Adjust Position Sizing for Buy on Mobile 2:01

  • Tap the position size at the top to open the sizing box.
  • Change the quantity (for example 0.05).
  • Tap outside the box to close it.

Execute a Buy Position Again 2:17

  • Tap ‘Buy’ to go long.

Execute a Sell Position Again 2:38

  • Tap ‘Sell’ to go short.
  • Tap ‘X’ to close.