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In Entry Finance, editing or canceling an order is different from managing an open position. An order can be canceled before it is filled, and related orders such as Take Profit and Stop Loss can be updated from the position they belong to. A position already has market exposure, so it cannot simply be “canceled”. It can only be reduced, closed, or updated with new risk settings such as Take Profit and Stop Loss. This distinction matters because the Orders tab and the Positions tab are used for different actions.

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Edit or cancel an open order

Use the Orders tab when your order has been submitted but has not fully filled yet.
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This is where you manage:
  • limit orders that are waiting at a chosen price
  • exit orders linked to a position
  • orders you no longer want to keep active

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How to cancel an order

  1. Open the Orders tab.
  2. Locate the order you want to remove.
  3. Click the cancel control next to that order.
  4. Confirm the action if the terminal asks for confirmation.
After cancellation, the order will no longer wait in the market. If the order was reserving margin or balance, that amount can become available again after the cancellation is processed.

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How to edit an order

In Entry Finance, related orders such as Take Profit and Stop Loss are edited from the Positions tab.
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This means:
  • use Orders to monitor or cancel active orders
  • use Positions to update the orders attached to a live position
To edit a related order:
  1. Open the Positions tab.
  2. Find the position linked to the order you want to change.
  3. Use the TP / SL controls in that position row.
  4. Enter the new values or choose new percentage presets.
  5. Confirm the update.
After confirmation, the updated order settings are applied to that live position.

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Canceling an order does not close a position

This is one of the most common points of confusion. If you cancel an open order, you are canceling only the instruction that has not filled yet. You are not closing a trade that is already live. If the trade has already been executed and is visible in Positions, you need to manage the position itself.

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Manage an open position

Once an order is filled, it becomes a position. From that point, the most common actions are:
  • reduce the position
  • close the position
  • update Take Profit
  • update Stop Loss
These actions are handled from the Positions tab or from the position controls visible in the chart and trade area.

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How to find your open positions

  1. Go to the lower panel of the trading screen.
  2. Open the Positions tab.
  3. Find the position you want to manage.
This is where you can monitor size, value, margin, entry price, liquidation price, unrealized PnL, and attached TP / SL.

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How to close a position

If you want to fully exit a live trade:
  1. Open the Positions tab.
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  2. Find the position you want to close.
  3. Use the close action available for that position.
  4. Confirm the close if needed.
After the close is executed, the position will disappear from Positions. If the close is sent as an order rather than filled immediately, you may briefly see related activity in Orders until the exit is completed.

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How to reduce a position

If you do not want to fully close the trade, you can reduce it instead. This lowers your exposure without removing the position completely. The exact action depends on the controls shown for that position, but the goal is the same: close part of the size while keeping the rest open. After a reduction:
  • the position size becomes smaller
  • required margin may decrease
  • some balance can become available again

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Where to check whether the action worked

After canceling an order, check the Orders tab.
  • if the order was canceled, it should no longer appear as active
After closing or updating a position, check the Positions tab.
  • if the position was closed, it should disappear
  • if the position was reduced, the size should be smaller
  • if TP / SL was updated, the new levels should appear in the position row or on the chart