> ## Documentation Index > Fetch the complete documentation index at: https://docs.anumaan.xyz/llms.txt > Use this file to discover all available pages before exploring further. # Managing Positions > Track, monitor, and close your active trades ## Overview After placing trades, you need to track their performance. The `/positions` command shows all your active positions with real-time profit/loss (PnL), current values, and market prices. **Real-Time Tracking**: Your positions update automatically as market prices change. ## Viewing Your Positions ### Check All Positions Use the positions command: ```bash theme={null} /positions ``` You'll see a detailed view like this: ``` 📊 Your Active Positions 💰 Total PnL: ✅ +$15.50 (+12.3%) ──────────────────── Position 1 📌 Bitcoin reaches $100k by Dec 2024 • Outcome: YES • Size: 30.77 shares @ $0.65 avg • Current Value: $23.08 • Current Price: $0.75 (75%) • Cash PnL: ✅ +$3.08 • Percent PnL: +15.4% • Realized PnL: $0.00 🔗 View on Polymarket ──────────────────── Position 2 📌 Ethereum reaches $5k by Q1 2025 • Outcome: NO • Size: 50 shares @ $0.40 avg • Current Value: $27.50 • Current Price: $0.55 (55%) • Cash PnL: ✅ +$7.50 • Percent PnL: +37.5% • Realized PnL: $0.00 🔗 View on Polymarket ──────────────────── Showing 1-2 of 2 positions [Previous] [1/1] [Next] [All] [• Profitable] [Loss] [🔄 Refresh] [Close #1] [Close #2] ``` Positions are sorted by most recent first. Use pagination buttons to navigate if you have many positions. ## Understanding Position Details ### Position Information Each position shows: | Field | Description | Example | | ----------------- | --------------------------- | ------------ | | **Outcome** | YES or NO side | YES | | **Size** | Number of shares owned | 30.77 shares | | **Average Price** | Average cost per share | \$0.65 | | **Current Value** | Worth of position now | \$23.08 | | **Current Price** | Market price per share | \$0.75 (75%) | | **Cash PnL** | Dollar profit/loss | +\$3.08 | | **Percent PnL** | Percentage return | +15.4% | | **Realized PnL** | Profits from partial closes | \$0.00 | ### PnL Indicators * ✅ **Green Check**: Position is profitable * ❌ **Red X**: Position is at a loss * ⚪ **White Circle**: Breaking even ### Profit/Loss Calculation #### Cash PnL ``` Current Value - Total Cost = Cash PnL Example: Current: $23.08 Cost: $20.00 PnL: +$3.08 ``` #### Percent PnL ``` (Current Value - Cost) / Cost × 100 = Percent PnL Example: ($23.08 - $20.00) / $20.00 × 100 = +15.4% ``` ## Filtering Positions Use filter buttons to view specific positions: **Shows**: Every active position **Use when**: You want to see your complete portfolio ``` [• All] [Profitable] [Loss] ``` **Shows**: Only positions with positive PnL **Use when**: You want to review winners and consider taking profits ``` [All] [• Profitable] [Loss] ``` **Shows**: Only positions with negative PnL **Use when**: You want to review losers and consider cutting losses ``` [All] [Profitable] [• Loss] ``` ## Closing Positions You can close positions anytime to realize profits or cut losses. From the positions view, click the "Close #X" button for the position you want to exit ``` [Close #1] [Close #2] ``` The bot shows details of what you're closing: ``` ⚠️ Confirm Close Position You are about to close this position: 📌 Bitcoin $100k by Dec 2024 • Outcome: YES • Size: 30.77 shares • Current Value: $23.08 • Current Price: $0.75 (75%) • Cash PnL: ✅ +$3.08 • Percent PnL: +15.4% Are you sure you want to close this position? [✅ Confirm Close] [❌ Cancel] ``` Click **"Confirm Close"** to sell your shares at current market price ``` ⏳ Closing position... ``` Then: ``` ✅ POSITION CLOSED Sold: 30.77 YES shares Price: $0.75 per share Total: $23.08 USDC Profit: +$3.08 (+15.4%) New balance: $153.08 USDC Transaction: 0x5a6b...7c8d ``` ### When to Close Positions Consider closing when: * Position reached your profit target * Market sentiment has shifted * You want to lock in gains * New information changes the outlook ``` Example: Bought YES at $0.60 Now at $0.85 Profit: +41.7% → Consider taking profits ``` Consider closing when: * Position moving significantly against you * Fundamental thesis has changed * You want to free capital for better opportunities * Loss exceeds your risk tolerance ``` Example: Bought YES at $0.70 Now at $0.45 Loss: -35.7% → Consider cutting losses ``` Close to rebalance when: * Position has grown too large * Need funds for new opportunities * Diversification concerns * Portfolio allocation changed Close before resolution when: * You're ahead and want guaranteed profit * Risk of adverse outcome increased * Market liquidity is good * You need the capital ## Position States ### Active Position ``` Status: Active ✅ Can: Close, Monitor, Add Market: Open for trading ``` ### Closed Position ``` Status: Closed Result: Sold at market price Shows in: Transaction history No longer in: Active positions ``` ### Resolved Position ``` Status: Resolved Result: Market settled (won/lost) Payout: Automatic to wallet Shows in: Transaction history ``` ## Advanced Position Management ### Partial Closes Want to take some profit but keep exposure? ``` Current position: 100 shares Close 50 shares → Take partial profit Keep 50 shares → Maintain exposure ``` Contact support to enable partial close features. ### Averaging Down If price moves against you, you can buy more to average down: ``` Position 1: 50 YES @ $0.70 = $35 Price drops to $0.50 Position 2: 50 YES @ $0.50 = $25 Combined: 100 YES @ $0.60 avg Total cost: $60 ``` Now you only need price to reach $0.60 to break even (instead of $0.70). **Averaging Down Risk**: Only do this if your thesis hasn't changed. Don't average down on fundamentally bad positions! ### Hedging Positions You can hedge by taking both sides: ``` Original: 100 YES @ $0.60 = $60 Hedge: 50 NO @ $0.40 = $20 Total risk: $80 Guaranteed outcome: Some protection either way ``` ## Position Monitoring ### Refresh Positions Get latest prices and PnL: ``` Click "🔄 Refresh" button Or run /positions again ``` Updates: * Current market prices * Position values * PnL calculations * Total portfolio value ### Setting Up Alerts Configure notifications for: * Position reaches profit target * Position hits stop-loss level * Market price changes significantly * News affecting your markets Contact support to set up custom position alerts. ## Reading Total PnL The header shows your overall performance: ``` 💰 Total PnL: ✅ +$15.50 (+12.3%) ``` Interpretation: * **Dollar Amount**: Total profit/loss across all positions * **Percentage**: Average return across positions * **Emoji**: Overall status (profit/loss/neutral) Total PnL includes both realized (closed) and unrealized (active) profits/losses. ## Position History ### Viewing Past Positions Check positions that have closed or resolved: 1. Visit your wallet on [PolygonScan](https://polygonscan.com) 2. Search your wallet address (get from `/wallet`) 3. View all transactions including: * Position opens * Position closes * Market resolutions * Profit/loss history ### Tracking Performance To track your trading performance: * Note entry and exit prices * Calculate win rate (% of profitable trades) * Track average profit per trade * Review patterns in successful trades ## Common Position Scenarios ### Scenario 1: Profitable Position ``` 📊 Position: YES @ $0.60 Current: $0.80 PnL: +$20 (+33.3%) Options: 1. Take profit now (lock in gains) 2. Hold for higher price (more upside) 3. Close partial (take some profit, keep exposure) ``` ### Scenario 2: Losing Position ``` 📊 Position: YES @ $0.75 Current: $0.45 PnL: -$30 (-40%) Options: 1. Cut loss now (free capital) 2. Hold and hope (risk more loss) 3. Average down (if thesis still valid) ``` ### Scenario 3: Breaking Even ``` 📊 Position: YES @ $0.55 Current: $0.57 PnL: +$2 (+3.6%) Options: 1. Hold (wait for clearer direction) 2. Close (free capital for better opportunities) 3. Add more (if still bullish) ``` ## Position Limits ### Portfolio Guidelines Healthy position management: ``` Single Position: Max 10-20% of portfolio Correlated Positions: Max 25-30% of portfolio Total Active: Keep some dry powder (cash) ``` ### Risk Concentration Avoid over-concentration: * ❌ Too much in one market * ❌ Too many correlated positions * ❌ All capital deployed * ✅ Diversified across markets * ✅ Mix of position sizes * ✅ Cash reserve for opportunities ## Troubleshooting Positions If a position is missing: 1. Wait 30 seconds and refresh 2. Check if market has already resolved 3. Verify trade was executed (check transaction hash) 4. Look in transaction history 5. Contact support if still missing If PnL seems wrong: 1. Click "Refresh" to update prices 2. Check if you have multiple positions in same market 3. Verify current market price on Polymarket 4. Remember: PnL is unrealized until closed 5. Contact support with position details If unable to close: 1. Check if market is still active 2. Ensure sufficient liquidity 3. Try refreshing positions first 4. Wait a minute and try again 5. Contact support if issue persists If value is lower than expected: * Market price may have moved down * Check "Current Price" field * Compare to your "Average Price" * This is normal market volatility * Consider if you should hold or close ## Position Best Practices Check positions at least once daily to stay informed of changes Know your profit target and stop-loss before entering Weekly review of all positions and performance Short-term volatility is normal - stick to your plan ## Frequently Asked Questions Positions update in real-time as market prices change. Click "Refresh" for the latest data, or run `/positions` again. Yes, as long as the market is still active. You can close positions 24/7 until the market resolves. If you win, each share becomes worth \$1.00 and USDC is automatically credited to your wallet. If you lose, shares become worthless. No. Positions automatically resolve when the market settles. But you can close early to take profits or cut losses. No! Closing positions is gasless, just like opening them. You only get/lose money based on the price difference. ## Next Steps Learn market mechanics and strategies Automate position management Review trading fundamentals Manage your trading capital ## Need Help? Questions about positions? * Check [FAQ](/faq) for common issues * Review [Trading Overview](/trading/overview) * Contact support: [@anumaan\_bot](https://t.me/anumaan_bot)