How to Take Profit on eToro Without Closing a Position

It was a revelation — something you wouldn’t expect, but it became clear that you can take profit on eToro without closing your position. The fact that many traders rush to exit, cash out, and close their positions the moment they see green is understandable, but it’s often a premature move. Here’s the catch: if you can lock in profits while keeping the trade alive, it changes the entire game.

The solution? Partial closing and Stop-Loss adjustments — these tools allow you to safeguard your winnings and, at the same time, let your position breathe and keep riding the market wave. It’s a strategy used by those with a more nuanced understanding of the markets, allowing them to avoid being completely out of the game while still securing some profit.

Let’s break it down:

Partial Closing

eToro allows traders to close only part of their position. What does this mean? It means you can take out a chunk of your profits while keeping a portion of your position open. This hybrid approach is incredibly effective when the market shows promising trends but you also want to lock in some returns. You essentially get the best of both worlds — protection and potential.

How does this work?

1. Select the position you want to adjust in your portfolio.
2. Instead of closing it entirely, you click on the ‘Close Trade’ button, but here’s the twist — you choose the amount of the position you want to close. You might take out 50%, 25%, or even just a token 10% of your position, depending on your risk appetite and profit goals.
3. The rest of your position stays active, allowing you to continue riding the market without giving up entirely.

Stop-Loss Adjustments

The second method, and arguably more strategic in long-term trading, is using Stop-Loss adjustments to lock in your profits. Why adjust your Stop-Loss? Because by moving it closer to your current market price, you can ensure that even if the market reverses unexpectedly, you won’t lose your profits.

1. After your position has gained, you adjust the Stop-Loss order to just below the current market price. This secures a minimum profit, even if the market takes a dive.
2. If the market continues to rise, you can move your Stop-Loss higher, constantly protecting more of your gains while still leaving room for upward movement.
3. The balance lies in giving the market space to breathe while securing your hard-earned profits.

The Ideal Scenario

Imagine this: You’ve opened a position, it’s gaining momentum, and you’re starting to see some significant returns. Many traders would close their positions here, cash out, and feel good. But, as you know by now, there’s a smarter way to play this. Instead of closing, you execute a partial close, pocket some profits, and shift your Stop-Loss to protect the rest.

The beauty? Even if the market turns against you, you’ve already secured a profit — and you’re still in the game. This balance of risk and reward is what separates seasoned traders from the novices.

But wait, there’s more to consider, especially around timing and market conditions. Should you always do this? No, but in many scenarios, it’s a powerful approach to ensure you’re maximizing potential profits without exiting too soon.

When Not to Use These Methods

Not every position is suited for partial closures or Stop-Loss adjustments. If a market is highly volatile or there’s an imminent, significant event that could tank your asset's value, it might be better to fully close. Additionally, this method works best with longer-term trades where gradual gains are expected.

In short, knowing when to take profit without closing a position is an art form. It’s about reading the market, understanding the tools at your disposal, and executing with precision.

The ability to profit while still staying in the market gives you flexibility and control. And once you master it, you’ll find that your win rate improves, your profits grow, and most importantly, your losses shrink. And that, ultimately, is the game of trading on eToro.