Reverse Position is a feature that automatically opens a position in the opposite direction with the same size after closing the current position.
It can be used when users anticipate a market reversal or want to quickly switch their position direction.
After clicking "Reverse Position," the system will typically:
- Cancel existing close orders, take-profit/stop-loss orders, and conditional orders related to the current position
- Close the current position at market price
- Open a new position of the same size in the opposite direction at market price
If the available margin is insufficient, the new reverse position may fail to open, while the original position will still be closed normally.
Important Notes:
- Reverse Position is executed using market orders
- Actual execution price may differ from the expected price due to market volatility or insufficient liquidity
- PnL from the original position will be settled immediately upon closing
- The new position will have a recalculated entry price and liquidation price
- Trading fees may apply when executing Reverse Position
- Under extreme market conditions or insufficient liquidity, the order may not be fully executed
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