Keep track of all your MTF positions by following the steps below:

Step 1: Open your Upstox app and click on ‘Trade’ at the bottom right of the screen. Upstox for traders will open up.

Step 2: If you are already using ‘Upstox for Traders’, then click on ‘Orders’ at the bottom middle of the screen.

Step 3: All placed orders will appear on the screen. Click on ‘MTF’ and you will see your ‘Open’, ‘Close’, and ‘All’ MTF positions.

Why is it important to track your MTF positions?

MTFs are high-risk trades and should be closely tracked to avoid losses and margin calls. Here’s why you should track your MTF positions.

• Risk Management MTF trades are leveraged trades and carry high risk, even small market movements can cause significant percentage losses. Keeping track of your positions helps you understand how close you are to margin calls or forced liquidation.

• Avoid Margin Calls MTF trades require maintaining a minimum margin, which is a certain percentage of the total position value. In case the value of your positions falls, your broker will issue a margin call, asking you to add more funds.

• Identify Exit points You have to pay daily interest on the funds borrowed for MTF trades. Keeping track of your MTF positions held, you identify when to exit MTF trades that are no longer worth the interest paid.

• Monitor Performance Tracking your MTF trades will help you understand which positions are profitable and which are underperforming. This helps you make informed decisions regarding cutting losses, averaging, or booking profit.

• Capital Allocation Track your MTF positions to know how much capital is locked in MTF trades and the capital available to fund other trades. This will assist you in managing the risks and returns of your portfolio.