> For the complete documentation index, see [llms.txt](https://docs.marginly.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.marginly.com/app/how-to/close-position.md).

# Close Position

Learn how to close a position in Marginly

### About

Whether it's taking a profit or a loss - closing a position is an integral part of trading.

### Step-by-step guide

1. Select your position on the main screen of the app
2. Press “Close Position”

<figure><img src="https://698120604-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQiFBW4qPpAjrKQaezZ3s%2Fuploads%2FJ1zfWu7HlRQm97yKZS1K%2FDoc%2017.png?alt=media&amp;token=cefba9a6-c03c-4e66-b461-7cb3a8799e19" alt=""><figcaption></figcaption></figure>

3. Sign transaction in wallet
4. Receive confirmation

<figure><img src="https://698120604-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQiFBW4qPpAjrKQaezZ3s%2Fuploads%2FHalGd9weIfyoVb2YzxDp%2FDoc%2018.png?alt=media&amp;token=45543cf9-fa0b-43e7-808b-5fb3d9e4095c" alt=""><figcaption></figcaption></figure>