> For the complete documentation index, see [llms.txt](https://about.jojo.exchange/jojo-1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://about.jojo.exchange/jojo-1/v1-product-guides/tutorials/how-to-close-a-position.md).

# How to Close a Position?

JOJO uses a one-way position mode, which means that under a certain trading pair, you can only have a position in one direction and cannot hold both long and short positions at the same time. This mode is very similar to spot trading; you just need to buy and sell normally.

For users accustomed to the concepts of opening and closing positions: 

* If you currently do not have any positions, then buying is equivalent to open long position, while selling is equivalent to open short position. 
* If you currently have a long position, then selling is equivalent to closing your position.
* If you currently have a short position, then buying is equivalent to closing your position.

You can also quickly close your position by clicking the "close" button in the top right corner of the position.

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