How to use partial close?

Partial close is an 0xleverage trading feature that enables users to take profits while keeping a portion of their position open. It allows traders to secure gains from a winning trade while maintaining exposure to potential further price movements.

Here's how partial close works:

1. Position Management: When a trader opens a leveraged trade, they have the option to partially close it by 50%, while leaving 50% of the position open

2. Profit Realization: By executing a partial close, the trader locks in profits equivalent to the percentage of the position being closed. In our example, if the trade was in profit, closing 50% of it allows the trader to realize 50% of the profit.

3. Risk Mitigation: This feature is valuable for risk management. By partially closing a trade, traders reduce their exposure to their position in the event of negative price action.

4. Remaining Exposure: Importantly, the remaining portion of the position continues to participate in market movements. If the market continues in the desired direction, the trader can still benefit from those movements.

Partial close gives traders more control and precision in managing their leveraged positions. It's a valuable tool for locking in profits and minimizing risk, all while keeping the door open for further potential gains.