Reversal of positions

Forex Club allows its customers to change the side of a position (long/short) without having to close it and fixing current P/L. For example, an intraday trader with an aggressive trading strategy and a deposit of $5,000 opens the following position: Buy 500,000 GBP/USD (LONG). A few moments later he decides to reverse. his position (to go SHORT) in the same currency pair and for the same amount. Forex Club will allow him to sell double the amount of a current position (1,000,000 GBP/USD) to change the position to Sell 500,000 GBP/USD (SHORT). The opening rate of this altered position will be calculated in accordance to spread charges and any P/L the original position made.