After the follower's position is opened with the trader, there will be the following four situations in which the follower position is closed:
I. The position may be closed automatically
When the trader closes the position, your copying position may be automatically closed by the system.
II. Followers autonomous position squaring
Followers can manually close your copying position.
1. Enter LBank's official website, click "Copy" to enter the Copy Plaza, click "My Copy" to enter my copy page;
2. View "Current Copy" from "My Copy" page, select the positioning that needs to be position squaring, and click the corresponding "View" button to enter the contract interface;
3. Perform position squaring operation on "Contract" page.
4. You can also perform position squaring operations directly from the "Contract" page.
III. TP/SL Ratio is Triggered
When the pre-set TP/SL ratio of your copying position is triggered before the trader closes the corresponding position, it will be automatically closed.
How to set "risk control", see [Follower Risk Control Settings] for details.
IV. The Loss of Your Copying Position Exceeds the Available futures assets
When the floating loss of your copying position exceeds the available futures assets, it will be automatically closed.
Additional Notes: How will the copying position be displayed under your "Current Copy Trades"?
1. Each order followed by the user will be displayed separately in "Current Following";
2. Users can position squaring one by one in the "details" of "current following";
3. All positioning in a single direction of a user's futures contract will be merged into "positioning".
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Risk Warning: Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and LBank is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. This material shall not be construed as financial advice in any case. LBank reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
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