Managing Your Portfolio

Effective portfolio management is essential for long-term trading success. This tutorial covers how to monitor positions, manage risk across multiple trades, track performance, and make informed decisions about your trading portfolio.

Understanding Portfolio Management

Portfolio management involves:

• 📊 Monitoring all open positions
• ⚖️ Balancing risk across trades
• 📈 Tracking performance metrics
• 🎯 Making adjustment decisions
• 💼 Diversifying exposure

Portfolio Dashboard Overview

Accessing the Portfolio

1. Click Portfolio in the main navigation
2. Or use keyboard shortcut Cmd/Ctrl + P
3. Dashboard displays all portfolio information

Dashboard Components

Account Summary

Key Metrics

Understanding Margin Level

Managing Open Positions

Position Overview Panel

View all open positions at a glance:

Sorting and Filtering

1. Click column headers to sort
2. Use filters to show:
   • Winning positions only
   • Losing positions only
   • Specific instruments
   • Specific brokers

Position Details

Click any position to expand:

• Entry date and time
• Duration held
• Swap accumulated
• Commission paid
• Risk:Reward progress

Position Modification

Adjusting Stop Loss

1. Click the Edit icon on a position
2. Modify Stop Loss value
3. Click Save

Or drag the SL line on the chart.

When to Adjust:

• ✅ Move to breakeven after initial profit
• ✅ Trail stops in trending markets
• ✅ Tighten before major news
• ❌ Never widen to avoid losses

Adjusting Take Profit

1. Click Edit on position
2. Modify Take Profit value
3. Click Save

When to Adjust:

• Extend TP if trend is strong
• Reduce TP if market is slowing
• Remove TP to let winners run (with trailing stop)

Partial Close

Close part of a position to lock in profits:

1. Click position to expand
2. Select Partial Close
3. Enter volume to close (e.g., 0.5 of 1.0 lot)
4. Click Close

Strategy Example:

Position: 1.0 lot EURUSD, +100 pips
Action: Close 0.5 lots (+$500 locked)
Result: 0.5 lots remaining, running
Stop: Move to breakeven on remaining

Scaling In and Out

Scaling In (Adding to Position)

Add to winning positions:

1. Place new order in same direction
2. Adjust combined stop loss
3. Recalculate total risk

Example:

Initial: 0.5 lots at 1.1000, SL 1.0950
Price moves to 1.1050 (in profit)
Add: 0.5 lots at 1.1050, SL 1.1000
Total: 1.0 lot, average entry 1.1025

Scaling Out (Reducing Position)

Gradually exit to lock profits:

1. At first target, close 50%
2. Move stop to breakeven
3. Let remaining position run
4. Close at final target or trailing stop

Example:

Entry: 1.0 lot at 1.1000
Target 1 (1.1050): Close 0.5 lots = +$250
Move SL to 1.1000 (breakeven)
Target 2 (1.1100): Close 0.5 lots = +$500
Total profit: $750

Portfolio Risk Management

Total Exposure Limits

Set maximum exposure rules:

Calculating Portfolio Risk

1Total Risk = Sum of (Position Size × Stop Distance × Pip Value)
2
3Example:
4Position 1: 0.5 lot EURUSD, 50 pip SL = $250 risk
5Position 2: 0.3 lot GBPUSD, 40 pip SL = $120 risk
6Position 3: 0.2 lot USDJPY, 60 pip SL = $130 risk
7Total Portfolio Risk: $500
8
9If Account = $10,000
10Risk Percentage: 5%

Correlation Awareness

Understand how positions relate:

Positive Correlation:

• EURUSD and GBPUSD often move together
• Long both = amplified exposure

Negative Correlation:

• EURUSD and USDCHF often move opposite
• Long EURUSD + Long USDCHF = hedged

Uncorrelated:

• EURUSD and Gold
• More diversified exposure

Monitoring Performance

Key Performance Metrics

Expectancy Formula

1Expectancy = (Win Rate × Average Win) - (Loss Rate × Average Loss)
2
3Example:
4Win Rate: 55%
5Average Win: $200
6Loss Rate: 45%
7Average Loss: $100
8
9Expectancy = (0.55 × $200) - (0.45 × $100)
10Expectancy = $110 - $45 = $65 per trade

Performance Charts

Access in Portfolio → Analytics:

1. Equity Curve - Account value over time
2. Drawdown Chart - Peak-to-trough drops
3. P&L Distribution - Win/loss histogram
4. Monthly Returns - Heat map by month

Trade Journal

Why Keep a Journal?

• Track what works and what doesn't
• Identify patterns in your trading
• Improve discipline and consistency
• Learn from mistakes

Journal Entry Fields

Automatic Trade Import

1. Go to Journal → Import Trades
2. Select broker account
3. Choose date range
4. Trades import automatically
5. Add notes and screenshots manually

Risk Alerts and Notifications

Setting Up Alerts

1. Go to Settings → Alerts
2. Configure:

Alert Delivery

Choose how to receive alerts:

• Push notifications (mobile)
• Email
• In-app notifications
• SMS (Pro plans)

Portfolio Strategies

Diversification

Spread risk across:

Asset Classes:

• Forex
• Indices
• Commodities
• Stocks

Currencies:

• Don't be all USD-based
• Mix major, minor, exotic pairs

Timeframes:

• Some short-term trades
• Some swing trades
• Reduces correlation

Position Sizing Methods

Fixed Lot Size

Same size every trade.

Every trade: 0.1 lots
Simple but doesn't account for volatility

Fixed Dollar Risk

Same dollar amount at risk.

Risk per trade: $200
Lot size varies based on stop distance

Fixed Percentage

Same percentage of account.

Risk per trade: 2% of equity
Scales with account size

Recommended: Fixed percentage (1-2%) for consistent risk.

The 2% Rule

Never risk more than 2% of account per trade:

Account: $10,000
Max risk: $200 per trade
Max positions: 3 at once
Total max risk: $600 (6%)

Rebalancing Your Portfolio

When to Rebalance

• After significant wins/losses
• When correlation changes
• Monthly or quarterly review
• Market conditions change

Rebalancing Steps

1. Review positions - Are they still valid?
2. Check exposure - Overweight any sector?
3. Assess correlation - Too much overlap?
4. Adjust sizes - Reduce oversized positions
5. Close losers - Cut losses, let winners run

Portfolio Protection

Circuit Breakers

Set automatic trading stops:

1. Daily loss limit - Stop after $X loss
2. Trade limit - Max trades per day
3. Consecutive losses - Stop after N losses

Configure in: Settings → Risk Management → Circuit Breakers

Hedging

Reduce exposure with opposite positions:

Current: Long 1.0 lot EURUSD
Hedge: Short 0.5 lot EURUSD
Net: Long 0.5 lot EURUSD

Defensive Position Management

Before major events:

1. Reduce position sizes
2. Tighten stops
3. Consider closing risky trades
4. Keep higher margin level

Portfolio Checklist

Daily Review

• Check all open positions
• Review overnight swaps
• Check margin level
• Review economic calendar
• Adjust stops if needed

Weekly Review

• Analyse win/loss ratio
• Review average R:R
• Check correlation exposure
• Update trade journal
• Identify patterns

Monthly Review

• Calculate monthly return
• Review max drawdown
• Assess strategy performance
• Rebalance if needed
• Set next month's goals

Common Portfolio Mistakes

1. Overtrading

Problem: Too many positions, can't manage them all Solution: Set maximum concurrent positions (3-5)

2. Concentration Risk

Problem: All positions in same direction/market Solution: Diversify across assets and directions

3. Ignoring Correlation

Problem: Similar positions amplify risk Solution: Check correlation before adding positions

4. No Position Sizing

Problem: Random lot sizes, inconsistent risk Solution: Use fixed percentage risk method

5. Emotional Decisions

Problem: Closing winners early, holding losers Solution: Set rules, follow them, journal everything

Advanced Features

Portfolio Automation

Automate portfolio management:

1. Auto-hedging - Hedge when exposure exceeds threshold
2. Auto-scaling - Reduce sizes as drawdown increases
3. Auto-rebalancing - Maintain target allocations

Configure in Settings → Portfolio Automation

Portfolio Reports

Generate comprehensive reports:

1. Go to Portfolio → Reports
2. Select date range
3. Choose report type:
   • Summary Report
   • Detailed Trade List
   • Performance Analysis
   • Tax Report
4. Export as PDF or CSV

Next Steps

Continue improving your trading:

• Placing Trades - Order execution
• Setting Stop Losses - Risk protection
• Risk Management Guide - Advanced strategies
• Analytics Dashboard - Performance tracking

Need Help?

• Portfolio FAQ: Questions
• Risk Management: Guide
• Live Support: Click the chat widget