> For the complete documentation index, see [llms.txt](https://grand-dev.gitbook.io/insider-eye/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://grand-dev.gitbook.io/insider-eye/instructions/management-of-open-positions.md).

# Management of open positions

It is very important to understand how the position can be managed. Because there are different situations and sometimes you need to get out of a position quickly or buy more coins.

***

{% hint style="info" %}
Position management includes:

* [Completed copies of transactions](#completed-copies-of-transactions)
* [Tokens sale](#tokens-sale)
* [Buy tokens](#buy-tokens)
* [Selling tokens in Solflare](#selling-tokens-in-solflare)
* [Transaction history](#transaction-history)
* [Rent refund](#rent-refund)
  {% endhint %}

## Completed copies of transactions

After copying a transaction, a window with a transaction report will appear in the bot. In it you can see the transaction status and other information.

For example, in a demo transaction the transaction status is `Transaction successful!`.

<figure><img src="/files/ZUil13Cy6EzHH4gN0WL8" alt="" width="392"><figcaption><p>Visual guide</p></figcaption></figure>

This means that the transaction was successful and we can check the purchased tokens in our [Solflare](https://solflare.com/) wallet.

<figure><img src="/files/CAJ9t8apml66xMqt0cG4" alt="" width="563"><figcaption><p>Visual guide</p></figcaption></figure>

You can enter the `/positions` command to view the current positions.

For each position, you can open the chart by clicking on the `DEX Screener` button under the corresponding token.

<figure><img src="/files/hBl60Mhs1fj8C3rdvhpe" alt="" width="312"><figcaption><p>Visual guide</p></figcaption></figure>

## Tokens sale

For example, manually sell 50% of the tokens.

Select the appropriate token you want to sell.

Press the `Sell 50%` button in the position management menu.

<figure><img src="/files/z9HWwwJGJ6TPz4ZzuxyK" alt="" width="312"><figcaption><p>Visual guide</p></figcaption></figure>

We will receive a message after the sale is finalized.

<figure><img src="/files/YlzrFLQtXsM3afeg0KU8" alt="" width="309"><figcaption><p>Visual guide</p></figcaption></figure>

## Buy tokens

To buy a token, select the appropriate token and click `Buy X SOL`.

<figure><img src="/files/NLHqIfkCTkVlvanEva5G" alt="" width="313"><figcaption><p>Visual guide</p></figcaption></figure>

Enter the number of tokens in SOL that we want to buy.

<figure><img src="/files/WNCoZUKitJCtQkMPSI74" alt=""><figcaption><p>Visual guide</p></figcaption></figure>

After the purchase, we receive a message that the purchase was successful.

<figure><img src="/files/hQvs0ykEj9Y3w5vDaPeb" alt="" width="311"><figcaption><p>Visual guide</p></figcaption></figure>

## Selling tokens in Solflare

There are times when we need to sell a token in a bot for some reason. As a last resort, you can use the menu in the [Solflare](https://solflare.com/) wallet itself.

First we need to select the token we need. And we're going to click on it.

<figure><img src="/files/4fczkHu2ek2cfSVs4nCZ" alt="" width="563"><figcaption><p>Visual guide</p></figcaption></figure>

In the window that opens, enter the amount and click on the `Swap` button to sell tokens.

<figure><img src="/files/x8BfaPnlB2ItormBlo02" alt="" width="563"><figcaption><p>Visual guide</p></figcaption></figure>

Confirm the transaction. Tick the checkbox and click on `Continue`.

<figure><img src="/files/t8ICOyQGx5CHVK9I3TPr" alt="" width="398"><figcaption><p>Visual guide</p></figcaption></figure>

Press the `Confirm` button to confirm.

<figure><img src="/files/oDdqXuHuIHO5Gunk1mbh" alt="" width="328"><figcaption><p>Visual guide</p></figcaption></figure>

If the transaction was successful, we will see this message in the upper right corner.

<figure><img src="/files/nl7razpVZZhSJHbqqaSM" alt="" width="317"><figcaption><p>Visual guide</p></figcaption></figure>

## Transaction history

Sometimes you need to check what transactions have gone through. [Solflare](https://solflare.com/) has a history for this purpose. This history can be viewed in the `Activity` tab. On the screenshot for an example are signed what transactions in the history denote.

<figure><img src="/files/UcnCAk3ip82X6xfyCIhT" alt=""><figcaption><p>Visual guide</p></figcaption></figure>

## Rent refund

When we buy a token we pay some kind of rent for using the network. This rent is frozen for as long as the tokens we bought are in our possession. When we have sold all the tokens we can return this rent.

To do this, we select a token in the extension. Then click on the three dots and press the `Close account` button.

<figure><img src="/files/609emdPVYyTqUnCMYEGH" alt="" width="330"><figcaption><p>Visual guide</p></figcaption></figure>

Press the `Confirm` button to confirm.

<figure><img src="/files/JpbPoFlfoWVWjj049ku0" alt="" width="332"><figcaption></figcaption></figure>

After that, a message will appear at the top of the extension stating that the operation has been completed.

<figure><img src="/files/FqXVSpSIZwuxOPR6UGT0" alt="" width="326"><figcaption><p>Visual guide</p></figcaption></figure>

We got the rent back.

All in all, these are all the position management basics you need to know to get started.

{% hint style="success" %}
You might also find it useful:

* [How to copy trades from several of your wallets](/insider-eye/instructions/how-to-copy-trades-from-several-of-your-wallets.md)
  {% endhint %}
