> For the complete documentation index, see [llms.txt](https://docs.meridianfinance.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.meridianfinance.net/trading-meridian-trade/meridian-trade/step-by-step-trading/managing-positions.md).

# Managing Positions

After opening trades, you will be able to view them under your positions list in the Positions Table.  You can switch between viewing the [Positions Table](/resources/glossary/trading-glossary.md#positions-table) and the [Orders Table](/resources/glossary/trading-glossary.md#orders-table) by selecting the appropriate option at the top of the table.  You can also elect to view your orders and positions on the [Candle Chart](/resources/glossary/trading-glossary.md#candle-chart) by selecting the Chart Positions tick box in the top right hand corner of the table.

The Positions Table allows users to  **view**, **edit**, and **close** their positions.

<figure><img src="https://2791058162-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FznH0wmdBqe8s23j9vKpZ%2Fuploads%2FG2fj7yyVndHYhKD79ssF%2FScreenshot%202024-08-28%20at%2009.53.10.png?alt=media&amp;token=0a342a31-f196-4ed6-97e2-67e23e992235" alt=""><figcaption></figcaption></figure>

* **Positions**: Shows the current position (long/short) for token and the leverage of the trade
* **Net Value**: Shows the total current value of the trade and the profit/loss both in USD and as a percentage of the initial collateral.  The Net Value = Collateral +/- Profit/Loss - fees
* **Size**: Displays the [Opening Position in USD](/trading-meridian-trade/meridian-trade/step-by-step-trading.md#opening-a-position)
* **Collateral**: Shows the snapshot of the USD value of the [collateral](/resources/glossary/trading-glossary.md#collateral) when the trade was opened.  Unless updated by depositing or withdrawing collateral this will not change during the duration of the trade.
* **Mark Price**: The current [Market Price](/resources/glossary/trading-glossary.md#market-price) of the token
* **Entry Price**: The market price at the time the position was opened or last updated
* **Liquidation Price**: The price at which the position will be automatically closed&#x20;

Clicking on the three dots at the end of each row in the Positions Table provides users with the options to **Edit** their position

#### Editing Collateral

As a trade ages the Net Value of the trade will increase or decrease as the position makes profits or losses.

When a trade is in profit it may be possible for a trader to withdraw some of the collateral used to fund the position whilst still maintaining a sufficient margin between the current market price and the automatic liquidation price. This can be achieved through the Edit Collateral option on each row of the Positions Table.

Similarly, if a trader wishes to maintain an open position on a trade that is approaching a liquidation position then more collateral can be added to the position.  This can also be achieved through the Edit Collateral option.  By adding more collateral a trader can move the liquidation position so that the trade does not get closed automatically before the market changes direction.

&#x20;[Launch Meridian App](https://www.meridianfinance.net/#/)