Sometimes the market moves against your position, or maybe you just change your view. Instead of going through two separate steps (closing your current position and then opening a new one in the opposite direction), you can now do both with just one tap.<\/p>\n\n\n\n
With the Reverse feature, you don\u2019t need to close one trade and open another manually. Just tap the Reverse button, and Mudrex will:<\/p>\n\n\n\n
- \n
- Close your current position,<\/li>\n\n\n\n
- Book your profit or loss, and<\/li>\n\n\n\n
- Open a new position of the same size in the opposite direction.<\/li>\n<\/ul>\n\n\n\n
<\/figure>\n\n\n\n
It\u2019s a cleaner, faster way to change your trading direction, especially helpful when the market moves quickly and you want to react without delay.<\/p>\n\n\n\n
2. Partially Close Your Position<\/strong><\/h2>\n\n\n\n
Now, you can close just a part of your open position and leave the rest as is.<\/p>\n\n\n\n
Let\u2019s say you\u2019ve taken a long position on BTC, and the price has moved in your favour. You may want to book profits on a portion of it while keeping the rest open to trade. With this update:<\/p>\n\n\n\n
- \n
- You can close a portion of your position.<\/li>\n\n\n\n
- Mudrex frees up the margin tied to the closed portion.<\/li>\n\n\n\n
- Profit or loss from the closed part is immediately reflected in your account.<\/li>\n\n\n\n
- The remaining position stays open with the same original entry price.<\/li>\n<\/ul>\n\n\n\n
<\/figure>\n\n\n\n
You can choose from the set percentages (10%, 25%, 50%, etc.) or enter the exact quantity you want to close. This gives you flexibility. You can take profits in stages or reduce your risk in portions, without needing to exit from the trade fully.<\/p>\n\n\n\n
3. New Way to Set Stop Loss (SL) & Take Profit (TP)<\/strong><\/h2>\n\n\n\n
Setting SL and TP has always been part of the Mudrex trading experience. But now, we\u2019ve made it a lot smarter.<\/p>\n\n\n\n
Instead of manually entering the price where you want to exit, you can now do much more.<\/p>\n\n\n\n
<\/figure>\n\n\n\n
Here\u2019s what\u2019s new:<\/h4>\n\n\n\n
- \n
- By ROI%<\/strong> \u2013 Enter how much return you want from the trade (e.g., 10% profit). Mudrex calculates the exact SL or TP level based on that.
<\/li>\n\n\n\n- By Price Change%<\/strong> \u2013 Set how much higher or lower (as a percentage) from your entry or a reference price you\u2019d like the SL\/TP to trigger.
<\/li>\n\n\n\n- By P&L<\/strong> \u2013 Input the amount of money you want to make or are willing to risk (e.g., book \u20b95,000 profit or cut at \u20b92,000 loss). The app handles the rest.<\/li>\n<\/ul>\n\n\n\n
<\/figure>\n\n\n\n
This eliminates the guesswork associated with SL\/TP setup. You focus on the outcome (how much gain\/loss you want), and Mudrex handles all of the calculations. It\u2019s more intuitive and aligned with how most traders actually think.<\/p>\n\n\n\n
In Short<\/strong><\/h2>\n\n\n\n
With these updates, you can:<\/p>\n\n\n\n
- \n
- Reverse a position instantly without juggling two trades<\/em><\/strong><\/li>\n\n\n\n
- Partially close positions with precision, no extra margin needed<\/em><\/strong><\/li>\n\n\n\n
- Set SL\/TP based on ROI %, price movement, or exact P&L, making it easier to manage risk<\/em><\/strong><\/li>\n<\/ul>\n\n\n\n
These tools give you more control with less manual work.<\/p>\n\n\n\n
Update your Mudrex app to try out these new features today!<\/p>\n\n\n\n
- Partially close positions with precision, no extra margin needed<\/em><\/strong><\/li>\n\n\n\n
- By Price Change%<\/strong> \u2013 Set how much higher or lower (as a percentage) from your entry or a reference price you\u2019d like the SL\/TP to trigger.
- By ROI%<\/strong> \u2013 Enter how much return you want from the trade (e.g., 10% profit). Mudrex calculates the exact SL or TP level based on that.