How to place Exit Position (Buy/Sell) in futures

[guddu]

Hi, I Want to automate a transaction in my account for futures. Suppose I placed and order either buy or sell of instrument x at price y, and after 2 3 days based on my requirement I want to exit the position. I am confused as how to exit the position. I know I have to fetch by positions using the get_position API, then what?

I am confused in that part.

[Pradeep_Jaiswar]

To square off, you must execute an order for the second leg. If your initial action is a purchase, then your square-off should be a sell order, and the reverse applies if you start with a sell. After consulting the position API for all the necessary details to place the second leg order, you should be all set.

I trust this explanation is clear.

How to Square off or Exit order?

There is no particular method for executing a square-off order. To square off an order, you must use the same method Place Order originally used for placing the order. To perform the square-off, you need to modify the transaction_type parameter based on the type of your initial leg. The square-off transaction_type will be the opposite of the order type that was initially placed. Cancel order can be used to cancel orders currently in an open or pending status.