# Close Limit

A limit close lets you specify the price at which you would like to close the position.

**Step 1:** Enter your preferred closing price into the Price textbox 

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{% hint style="info" %}

* For closing Long order, you should set a price less than the market price. If the price exceeds the market price, the system will automatically match the order at the market price.
* For closing Short order, you should set a price higher than the market price. If the price is less than the market price, the system will automatically match the order at the market price.
  {% endhint %}

**Step 2:** Choose amount of position (10%, 25%, 50%, 75%, 100%) you want to close.&#x20;

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* The defaulted percentage is 100% which means closing the whole position. Otherwise, you can quickly choose other percentages of position quantity (10%, 25%, 50%, 75%), it just reduces the position.

**Step 3:** Choose the **Limit** button on the right side of the position.

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**Step 4:** Confirm&#x20;

* The system creates an order of closing with the quantity selected. Check the details in the confirmation pop-up before clicking **Confirm** button

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* If this pop-up interrupts your flow, please click “**Don't show this popup again**” to remove it the next time.
* Your wallet will ask you to confirm the action. Please confirm the transaction.
* Then, the system will work for a second.

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* After your transaction is completed, your order is placed into the **Open orders** tab while the pending order is added to the order book.

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* After matching orders on the order book, the system will transfer the margin and PnL to your wallet and charge a commission fee. At this time, you can claim the total of your funds.