Add SL or TP to a Running Position

To add a stoploss/Takeprofit orders to a running position, please follow the next steps:

  1. Open the same instrument (e.g., EUR/USD, XAUUSD) in the order panel. This should be the same symbol as your existing running position.

  2. Set the order type to “Market” and enter a small additional quantity (e.g., 1 if your current position is 10,000 quantity).

to understand the difference between quantity & difference, visit: https://docs.tradersyard.com/traderchallenge/faqs#account

  1. Enable the SL and/or TP checkboxes. You will now see the fields to enter your desired Stop Loss and Take Profit prices.

  2. Set your SL and TP levels for the position.

  3. Click “Send Order” to execute this trade.

What Happens Next?

  • TradersYard does not allow hedging or multiple separate positions on the same instrument.

  • When you place this second order on the same symbol, the system merges it with your existing position.

  • As a result, the SL and TP from the second order will now be applied to the combined (merged) position — including the one that previously had no SL/TP.

⚠️ Important Notes:

  • This is a temporary way, we are developing a proper way to add StopLoss & Take Profit orders to a running position without these orders.

  • Be sure your SL/TP levels are valid (not too close to market price).

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