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How do I reserve positions so my trading bot won’t sell them?
How do I reserve positions so my trading bot won’t sell them?

Protect your positions from selling by reserving them. Use locking or reserve positions option.

Pete Darby avatar
Written by Pete Darby
Updated over 2 months ago

There are 2 ways to reserve positions so that your trading bot does not sell them based on your base config's sell settings.

Lock position

If you prefer to see all your cryptocurrencies in one overview, you may consider using Lock positions. Go to your Dashboard (or Advanced Dashboard) and click on the lock symbol in an open position.

Cryptohopper's trading position row showing ETH holding details: amount 0.03296, value 100.07, profit 0.10%, age 1 minute. Features position management controls including a lock icon (for position reservation), green 'Sell' button, 'Info' button, and share option. The row demonstrates Cryptohopper's interface for protecting positions from automated selling through position locking functionality.

You will now see that the lock is closed, indicating that this position will not be affected by the trading bot's sell settings.

Cryptohopper's trading position row showing locked ETH position: amount 0.03296, value 100.07, profit 0.01%, age 2 minutes. Features closed padlock icon indicating protected position status, 'Sell' button, 'Info' button, and share option. The locked status demonstrates Cryptohopper's position protection feature, preventing automated selling from trading bot's settings.

Please note that when using Dollar Cost Averaging (DCA) and having multiple open positions, it may cause confusion in the DCA calculation.

Reserve positions

Another option is to reserve positions. Click on the Info button of an open position and select Reserve positions.

Cryptohopper's detailed position info modal for ETH trade #139355139. Shows comprehensive position details: -0.28% loss, buy rate 3036.1, amount 0.03296 ETH, cost 100.07 EUR, current value 99.83 EUR. Action dropdown menu displays position management options including 'Reserve funds' feature. Interface includes trade specifics like order date (03/20/2024), age (4 minutes), trigger type (Manual Buy), and market pair (ETH/EUR). Top navigation shows Info, Settings, TA, and DCA tabs with Action and Close buttons.

You will now see the positions listed under the Reserved positions tab on the Dashboard.

Cryptohopper's Reserved Funds tab displaying protected ETH position details. Shows navigation tabs for 'Open Positions', 'Short Positions', and 'Reserved Funds'. Features ETH position entry with total 0.03296 amount, cost 100.07, price 3036.10, and -0.30% result. Interface includes 'Release All' option, 'Reserve funds' button, and 'Bulk actions' dropdown. Table provides actions 'Move to positions' and 'Release' for position management. Shows warning context for manual selling and resynchronization recommendations.

Please note that if you manually sell these positions, errors will be displayed in the trading bot output when you move these positions back to open positions. If you continue to experience issues, we recommend releasing all Reserved positions and resynchronizing so that the trading bot knows exactly which positions are available. The original buy rate will differ in this case.

Clicking on Release positions will remove the position from being considered in open positions on Cryptohopper.

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