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How Do I Take Partial Profit on MT5 Without Closing The Trade?

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@lawanf - 9 months ago - Risk Management

I know Take Profit orders are meant for exiting/closing a trade when I make a certain amount of profit but what if I want to withdraw profit while the trade is still running/active? How do I take some of my realized profit on MT5 without having to close the trade?

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@patrinova_athenia - 8 months ago

STEP 1: Edit Your Order

Double click on your order so you can edit it. A shortcut for this is to double click on the order line on your chart which will open up the dialogue box you see in the screenshot attached here.

When the dialogue box opens, select "Market Execution"

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@patrinova_athenia - 8 months ago
Quoted - patrinova_athenia

STEP 1: Edit Your Order

Double click on your order so you can edit it. A shortcut for this is to double click on the order line on your chart which will open up the dialogue box you see in the screenshot attached here.

When the dialogue box opens, select "Market Execution"

STEP 2: Specify lot size you want to take profit for

Input the volume or lot size you want to take partial profit for. In this example I had opened a 0.5 lot trade & wanted to take partial profit for 0.03 lots so I simply inputted 0.03 in the volume box.

Click on the "Close by Market" button to complete the action and take partial profit. Check the history of your trading account and you will see you have been credited with the partial profit.

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@purple_hills - 4 months ago
Quoted - patrinova_athenia

STEP 2: Specify lot size you want to take profit for

Input the volume or lot size you want to take partial profit for. In this example I had opened a 0.5 lot trade & wanted to take partial profit for 0.03 lots so I simply inputted 0.03 in the volume box.

Click on the "Close by Market" button to complete the action and take partial profit. Check the history of your trading account and you will see you have been credited with the partial profit.

Nice one pat! please do an example of how we can take partial profit on tradingview too

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@martini_schwarzwald - 2 weeks ago
Quoted - patrinova_athenia

STEP 2: Specify lot size you want to take profit for

Input the volume or lot size you want to take partial profit for. In this example I had opened a 0.5 lot trade & wanted to take partial profit for 0.03 lots so I simply inputted 0.03 in the volume box.

Click on the "Close by Market" button to complete the action and take partial profit. Check the history of your trading account and you will see you have been credited with the partial profit.

nice one

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