> ## Documentation Index > Fetch the complete documentation index at: https://docs.tradeonsight.com/llms.txt > Use this file to discover all available pages before exploring further. # Portfolio Management > Track positions, monitor P&L, and manage open orders ## Portfolio Overview Your portfolio consists of three main components: open positions, pending limit orders, and closed positions. Onsight provides real-time tracking and performance metrics for all your trading activity. Open positions with unrealized P\&L and current market value Pending limit orders waiting to be filled or cancelled Complete record of all filled orders and closed positions ## Viewing Positions Access your open positions under **Portfolio** on the home screen. ### Position Details Each position displays comprehensive information: ```txt Position Details Example theme={null} Will Artificial Intelligence be TIME's Person of the Year for 2026? Outcome: Yes πŸ’° Total Value | Qty of Shares πŸ“Š Entry Price β†’ Current Price πŸ“ˆ Unrealized P&L πŸ—“οΈ Market End Date πŸ“† Time Held πŸ’‘ P&L remains unrealized until you close a position. ``` ### Understanding Position Metrics **Total sum value** of currently held shares in a position. Calculated as: `(Shares * Current Price)` Current value does not include fees. **Total shares you own** in this outcome. * Accumulated from one or more buy orders * Can be partially sold (25%, 50%, 75%, 100%) * Shown in number of shares (not dollar value) Example: 145.50 shares means you own 145.50 shares of the YES outcome. **Average price paid per share** across all purchases. Calculated as: Total Cost Γ· Total Shares Example: * First buy: 100 shares at 0.65 = 65.00 * Second buy: 45.5 shares at 0.75 = 34.14 * Average: 99.13 / 145.5 = 0.681/share Entry price accounts for all buys but not any sells. If you sell and rebuy, average may change. **Live market price** for this outcome right now. * Updates in real-time from Polymarket order book * Shows best available bid (for selling) * Used to calculate current market value * Changes as traders buy and sell If current price is higher than your entry price, you have unrealized profit. If lower, unrealized loss. **What your position is worth** at current market price. Calculated as: Position Size Γ— Current Price Example: 145.50 shares x 0.725 = 105.49 This is how much you'd receive (before fees) if you sold your entire position right now at market price. **Profit or loss on paper** if you closed the position now. Calculated as: Market Value - Cost Basis * **Positive (+)** = Profitable position (in the money) * **Negative (-)** = Losing position (underwater) * **Percentage** = (P\&L Γ· Cost Basis) Γ— 100 Example: 105.49 -Β 99.68 = +\$5.81 profit (+5.8%) "Unrealized" means the profit/loss is not locked in yet. It changes as the market price moves. Only becomes "realized" when you sell. ## Managing Positions ### Selling Positions Close or reduce your position to realize profits or cut losses: From **Positions**, click the market you want to sell. You'll see: * Position details * Unrealized P\&L * **Close Position** button Select what percentage to sell: **Lock in profits while staying exposed:** * **25%** - Take small profit, keep most exposure * **50%** - Split position, secure half the gains * **75%** - Reduce risk, keep small remaining position Partial sells are great when you have profits but think there's more upside. Secure some gains while staying in the game. **100%** - Sell entire position **When to close fully:** * Take all profits and move on * Cut losses on bad trades * Market resolved or about to resolve * Need cash for other opportunities Closing 100% removes the position from your portfolio completely. **Custom** - Enter exact number of shares Useful for: * Precise position sizing * Selling specific dollar amounts * Complex strategies Must sell minimum 5 shares (Polymarket requirement). * Choose **Market** or **Limit** * Select price preset or input custom amount (for Limit only) 1. Review sell details: * Shares being sold * Price * Estimated total proceeds including fee * Fee (after 1% fee) * Net proceeds * Estimated P\&L 2. Click **Confirm** to sell 3. Confirmation shows exact proceeds and fee Use market orders for instant execution. You receive the best available bid price at the moment of sale. ### Position Actions See the full market page with current prices, volume, and buy options. Useful for adding to your position. Enter the sell flow to close or reduce your position. Choose amount and execute immediately. ## Managing Orders Track and manage pending limit orders from **Orders**. ### Order Status **Pending limit orders** waiting in the order book: * Order ID (unique identifier) * Market name * Side (BUY/SELL) * Price and size * Filled amount (partial fills) * Time remaining (if expiring) Live orders can be cancelled anytime. Funds are locked until filled or cancelled. **Completed orders** that executed successfully: * Execution timestamp * Fill price (actual price paid/received) * Total shares received * Fee paid * Transaction hash (on-chain proof) Filled orders move from Orders to Positions (for buys) or reduce your position (for sells). **Orders removed** before execution: * Cancellation timestamp * Reason (manual, expired, insufficient funds) * Funds returned to available balance No fees charged on cancelled orders. ### Cancelling Orders Cancel limit orders that haven't filled yet: Go to **Orders** and locate the live order you want to cancel. 1. Click the order to view details 2. Click **Cancel Order** button 3. Confirm cancellation Cancellation is instant. Funds return to your tradable balance immediately. **Cannot cancel:** * Orders that have already filled * Orders currently matching * Orders from other platforms (only Onsight orders) If an order just filled, it will appear in your positions instead of orders list. ### Why Cancel Orders? Market price moved and your limit order is now too far from current price to fill. **Example:** You set buy limit at 0.60, market is now at 0.75.Β Cancel and place new order at \$0.72. Your analysis or prediction changed based on new information. **Example:** News broke that changes your thesis. Cancel and reassess before entering at different price or side. You need the locked funds for another trade opportunity. **Example:** Better opportunity emerged. Cancel old order to free up cash for new trade. Order has been open for a long time without filling. **Example:** Limit order open for 2 days with no partial fills. Market may never reach your price. Cancel and try market order or different price. ## Balance Metrics Your home screen displays your balance metrics: ### Balances Overview ```txt Balances Overview theme={null} BALANCES PORTFOLIO: $89.85 πŸ’° Tradable Balance: $10.36 πŸ’Ό Open Positions: 51.67 πŸ“‹ Pending Limit Orders: 27.82 ``` **Available USDC.e** for new trades. This is your "buying power" - liquid funds not locked in positions or orders. Keep some tradable balance for opportunities. Don't deploy 100% of funds at once. **Total market value** of all open positions. Sum of: (Position Size Γ— Current Price) for each position This is what you'd receive if you sold everything right now (before fees). **USDC.e locked** in pending limit orders. For BUY orders: Price Γ— Size locked For SELL orders: Shares locked (shown as dollar value) These funds return to tradable balance when orders fill or get cancelled. ### Net Worth Calculation Your total account value consists of: ```txt Net Worth Formula theme={null} Net Worth = Tradable Balance + Positions Value + Open Orders Value Example: = $1,125.50 (tradable) + $2,450.25 (positions) + $325.00 (orders) = $3,900.75 total ``` ```txt ROI Calculation theme={null} ROI = (Current Value - Initial Deposits) / Initial Deposits Γ— 100 Example: Initial deposit: $3,500 Current value: $3,900.75 Profit: $400.75 ROI: +11.4% ``` ## Performance Tracking Check your portfolio daily to: * Review position P\&L changes * Monitor limit order fills * Identify winners and losers * Adjust positions based on new info * Take profits on big winners Set a daily routine: Morning check before markets heat up, evening check to plan tomorrow's trades. Once per week, analyze: * Overall portfolio ROI * Best and worst trades * Win rate (% of profitable trades) * Average profit per trade * Category performance (politics vs sports etc) Learn from both winners and losers to improve your strategy. Manage risk with proper position sizing: * **Small positions** (\< 5% of portfolio) - High-risk speculative trades * **Medium positions** (5-10%) - Standard conviction trades * **Large positions** (10-20%) - High-conviction value plays * **Never** more than 20% in one position Diversification is crucial. Never put all funds in one market, even if you're very confident. Markets can surprise you. Protect your capital with discipline: * **Stop-losses** - Close positions down X% (e.g., -15%) * **Profit targets** - Take profits at Y% (e.g., +25%) * **Time limits** - Exit if market doesn't move in Z days * **Max drawdown** - Stop trading if down more than W% (e.g., -30%) Professional traders have rules and stick to them. Emotional decisions lead to losses. Set rules when calm, follow them when stressed. ## Trade History View complete transaction history from **Portfolio** β†’ **History** tab: ### What's Recorded * All executed trades (buys and sells) * Number of shares and execution price * Total value * Timestamps History helps with: * Tax reporting (capital gains/losses) * Performance analysis * Verifying executions * Dispute resolution ## Best Practices Check portfolio daily. Markets move fast - stay informed on your positions and adjust as needed. Don't get greedy. When you have solid gains (20%+), consider taking partial profits to lock in success. Bad trades happen. Cut losses quickly (10-15% down) rather than hoping for recovery. Capital preservation is key. Spread risk across markets, categories, and timeframes. Never go all-in on one outcome. Past performance doesn't guarantee future results. Markets are probabilistic - even good trades can lose. Focus on making +EV decisions over many trades, not winning every single trade.