Open Position
Position currently active in the market.
Beginner-friendly explanation
An open position means you've bought or sold crypto but haven't yet sold or repurchased it. Example: You buy 1 ETH. As long as you don't sell it, your position stays open.
Intermediate-level insight
Open positions expose your capital to market fluctuations and require careful management (stop loss, take profit). Example: You monitor your open position on BTC to decide when to take profits or limit losses.
Advanced perspective
Strategic management of open positions employs advanced tools (conditional orders, trailing stop, hedging) to optimize outcomes and dynamically manage risks. Example: A professional trader uses dynamic trailing stops to maximize gains from an open position while limiting sudden market reversal risks.
Markets & Order Types
open position, exposure, active management, risk, stop loss, trailing stop