> ## Documentation Index
> Fetch the complete documentation index at: https://docs.apeindex.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Position Management

> Real-time portfolio tracking, stop-loss/take-profit automation, and paper trading.

## Portfolio View

The `/portfolio` command shows all open positions in real time. For each position:

* Current price of the held outcome
* Unrealised P\&L (% and USD)
* Configured stop-loss and take-profit levels
* Total portfolio-level P\&L

```
/portfolio
```

## Paper Trading

Paper trading uses a **\$10,000 virtual balance** — fully independent from your real account. All 8 patterns, signals, notifications, copy trading, and SL/TP automation work identically in paper mode.

Switch modes at any time: `/settings → Trading Mode → Paper / Live`

Paper positions and paper trades are stored separately and do not affect real balances.

## Order Execution

All real trades use a two-step execution strategy:

1. **FOK (Fill-or-Kill)** — attempts immediate full fill at limit price
2. **GTC (Good-Til-Cancelled)** — automatic fallback if FOK fails; polls every 60 seconds until filled or cancelled

## Stop Loss & Take Profit

After a trade is executed, you are offered four preset risk configurations:

| Config       | Stop Loss    | Take Profit  |
| ------------ | ------------ | ------------ |
| Conservative | -10%         | +20%         |
| Balanced     | -15%         | +30%         |
| Aggressive   | -25%         | +50%         |
| Custom       | Set manually | Set manually |

The background monitor checks all open positions **every 60 seconds**. When a price touches a configured level, the position is closed automatically and a notification is sent with exit price and final P\&L.

<Note>
  Update stop-loss and take-profit levels at any time from the position detail screen. Changes take effect on the next monitor cycle.
</Note>

## Automatic Exit Logic

```
Every 60 seconds:
  for each open position:
    fetch current market price
    if price <= stop_loss_level → close position, notify user
    if price >= take_profit_level → close position, notify user
    if whale_exit_detected → send immediate exit alert
```

## Neg-Risk Markets

Positions opened on polymarket.com via proxy wallets cannot be closed by the bot. These must be closed on the website. Use the **🗑 Remove** button in the bot to remove the position record from your portfolio.