Automatic closing of open orders can occur in case of:
Stop out
Stop-loss (SL) and take-profit (TP)
Stop-out is the most common reason for automatic closing of orders. Stop-out is the automatic closing of orders when the margin level of the trading account in ArtCap reaches 50%.
Margin Level = (Equity / Margin) x 100%
If, according to the formula, the margin level is 50% or less, the system will close your trading positions.
Stop loss and take profit are types of pending orders that can automatically close orders when the order reaches the level of loss or profit determined by the trader.
The size of Stop and Take is set by the trader directly for each order.
We wish you successful trading with ArtCap !
