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Can I manually close my futures position on KuCoin or is it automatically closed?

avatarDaniel Isaac Cruz SanchezJan 15, 2022 · 3 years ago3 answers

I'm new to trading futures on KuCoin and I'm wondering if I have the option to manually close my futures position or if it is automatically closed. Can someone please clarify this for me?

Can I manually close my futures position on KuCoin or is it automatically closed?

3 answers

  • avatarJan 15, 2022 · 3 years ago
    Yes, you have the option to manually close your futures position on KuCoin. By manually closing your position, you can control the timing and price at which you exit the trade. This gives you more flexibility and allows you to react to market conditions in real-time. Just make sure to monitor your positions closely and use appropriate risk management strategies to protect your investment.
  • avatarJan 15, 2022 · 3 years ago
    Absolutely! You can manually close your futures position on KuCoin whenever you want. This means you have full control over your trades and can exit them at your preferred price and time. It's important to note that manual closing requires you to actively manage your positions and stay updated with market movements. So, keep an eye on the market and make informed decisions to maximize your profits.
  • avatarJan 15, 2022 · 3 years ago
    Yes, you can manually close your futures position on KuCoin. It's always a good practice to have the option to manually close your position as it gives you more control over your trades. However, it's important to stay vigilant and monitor the market closely. By doing so, you can make timely decisions and take advantage of favorable market conditions. Remember, successful trading requires a combination of knowledge, strategy, and discipline.