A trading position can close automatically for several reasons.
Stop Loss
If you have placed a Stop Loss order, your position may close automatically when the applicable market price reaches or passes the Stop Loss level.
Standard Stop Loss orders are not guaranteed to execute at the exact requested price. During periods of high volatility, low liquidity or market gaps, the execution price may differ from the requested level.
Take Profit
If you have placed a Take Profit order, your position may close automatically when the applicable market price reaches the Take Profit level.
Margin Stop Out
Positions may be closed automatically if your account reaches the applicable Margin Stop Out level.
A Margin Stop Out can occur when your account equity is no longer sufficient relative to the margin required to maintain your open positions.
Expert Advisors or automated trading strategies
If you use an Expert Advisor (EA) or another automated trading strategy, the software may send an instruction to close a position when its programmed conditions are met.
You should understand the rules and settings of any automated strategy you use.
If you do not recognise why a position was closed, review your order history, Margin Level and automated-trading settings. If you still require assistance, contact ThinkMarkets Client Support.