To flatten a trade means to close out all positions in a particular asset, effectively bringing your exposure to that asset to zero.
This can be done for various reasons such as locking in profits, stopping losses, or simply exiting the market. Flattening a trade involves selling all long positions and covering all short positions related to a specific asset.
To be “Flat” simply means you are holding no position in the market. You dont have currently have any assets that you have bought or sold.
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