What happens if I exit a Protected position on Punch?
When you close a protected position, the linked stop-loss and target orders are cancelled automatically.
Written By Archit Sunat
Last updated 7 months ago
You do not need to manually cancel your stop-loss or target before exiting a position. Punch takes care of this for you.
How It Works
When you fully exit a position that has Protection enabled, Punch detects that the position is now closed and immediately cancels any pending stop-loss and target orders that were linked to it. This happens in the background — you will not see leftover orders sitting in your order book.
Why This Matters
On many other platforms, if you exit a position without remembering to cancel your stop-loss or target, those orders remain active. This can lead to unintended new positions being opened if the price later hits those levels. With Punch Protection, that risk is eliminated because the cleanup is automatic.
Quick Summary
Exit your position normally (market or limit exit).
All linked protection orders (SL, target, or both) are cancelled instantly.
No leftover orders, no accidental re-entry into a position.
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