> For the complete documentation index, see [llms.txt](https://docs.javsphere.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.javsphere.com/products/leveragex/trader/edit-and-close-trade.md). # Edit & Close Trade In LeverageX, users have full control over their trades, allowing them to edit and close positions easily. {% embed url="" %} ## Editing Trades * Each trade can be modified by adjusting Stop Loss (SL) or Take Profit (TP) settings. To do this, simply click on the edit button next to the SL/TP ($) element. * Additionally, you can change the leverage, size, collateral, and slippage settings by clicking on the edit button next to the Size element. * During the Minimum Trade Duration you can't edit SL, TP, or position size. [Click here for more information](/products/leveragex/trader/limitations.md). ## Position Health LeverageX uses a color-coded system to show the health of your position: * Green: Your position is in profit or has a loss of up to -30%, indicating a relatively safe position. * Yellow: Your position is at a loss between -30% and -60%. Keep a close eye on this trade. * Red: Your position is at a loss greater than -60%. Be cautious as the position is at risk of liquidation. ## Closing Trades * To close a trade, simply click the “Close” button. This will lock in any profits or losses and remove the position from your open trades. * During the Minimum Trade Duration you can't close the position. [Click here for more information](/products/leveragex/trader/limitations.md).