How To Close Out Trades Manually | The Best Forex EA Bot

Alan Solar Share, the passive income guru in this video tutorial explains to you how to close out trades manually on MT4 on the VPS.

Right? So if you need to close out trades on the VPs, this is what you need to do. So please log into the VPS now. So please pause the video, log into the VPs. Once done, you can come back to this video and resume the video. Now, if Your account is minus 50% or more, one of the recommendations is to close out some of your negative trades and maybe restart the bot. So this is how you close out your trades. So find the trades that are with the smallest losses first because your trades with the biggest.

The biggest losses have the biggest lot sizes. So as you can see here, this lot size is 0.75 and this loss is 1. This lot is 1.28. So when this goes into positive territory you will make a massive profit. Okay, so I would actually close out the trades and that are the smallest trades and leave your bigger lot sizes going. Okay, so let's say over here it's minus 1.1. So what you would do is you would just click on the X. Okay. And then you would click on I accept. And then you would click on ok and then what will. And then you need to click on the X again. Okay. And as you can see that trade is now closed out. We're going to close out another one. So you only have to do that the accept terms and conditions once and thereafter it's a one click process. So if we click on the -11.58 it'll just close it immediately. Okay, so there it is. There it's gone. So if we go to the history side and we click on the time.

You will see. Let's click on the time again.

Where is it?

Should have actually.

Been here. So there's the first one that we closed out. I'm not quite sure where the second one is. Let's go close out another one. Make sure. So it's - 1117 and it's EJ 1104.

And we'll go to.

Click on that one, the 23 as well. Let's go over here. And there it is. There are the two trades that I just closed out. Make sure that they are closed and your account is then in a safe position. Make sure that your drawdown is less than 30%. You can also pause your bot and wait for your last three trades that were entered. So if you, if you put this in into symbol, if you order your trades by symbol, Let me just expand this view a little bit.

You can see all the trades open. So if we, if we organize and we sort all the trades by symbol on the VPs. So EJ, all the EGs are together, all the EJ's are together, the GJs are together. Okay? So when your last three trades that are entered go into blue, that would be, these three trades over here would be the most recent trades. So here, 1450, 1446, 1446. When those three trades go into a positive, you can then resume the bot. Now you only pause the bot and start closing out trades when your equity is minus 50%. Okay? Otherwise just leave, leave the bot to trade. Minus 30% is no problem according to the engineers. Minus 40% is no problem according to the engineers. So they say that at minus 50%, pause the bot, wait for your last three entries to go blue. When your last three entries are blue, we know that the trend has turned and you can then resume the pot and start.

Start making some more passive income. This is actually easier to see on the phone itself. So as you can see here, these two trades are in positive territory, which means that the currency is turning, but it hasn't turned yet. It's only when this trade over here goes into positive that we know for sure that the trend has turned. And you can then resume the bottom. Okay, so if we scroll down a little bit, we've got another big trade. There it is. There's the GJ, which is minus $21, but only the one trade is in blue. So what did I say? We need the last three trades. So it's this trade, this trade, and this trade needs to be in blue before you resume the bot. Now closing out your trades is an option. It's just one of the options. So on my, on the telegram group, please read the instructions of what the engineers advise and make sure that you fully understand what steps you can take if your account goes into minus minus 50%. Now it is a very rare occasion that your account will go into minus 50%. That means 50% of your, of your, of the amount that you deposited is actually being used trades at the moment. That's, that's what that means. That's what drawdown means. It's 50% of the amount of capital that you deposited is now involved in trades and your account could be at risk. Okay, so just make sure that you don't over leverage and you don't get into a situation where you're now minus 50% and you're panicking that you could blow all your capital So I hope that you found this video worthwhile and interesting. If you found it interesting, please on the. On the video, the top left hand Corner, there's a YouTube icon. Just click that icon will take you to my YouTube channel. Underneath the video on YouTube, you need to do four things. Firstly, subscribe to my channel. Secondly, hit the bell icon. Thirdly, hit the thumbs up icon. And fourth, what you need to do is leave a positive comment as well as your Bitcoin wallet address. Because I give away 0.005 for Bitcoin every single Friday and you could be the lucky winner of that price. So good luck for that and I'll see you on the next video.