You are about to stop a grid strategy and the system gives you two options: one is "market close all" and the other is "keep assets". If you are not sure which one to choose, the answer depends on one key question: is your current position in floating profit or floating loss, and what is your view on the market? Choosing "market close" means taking profit or cutting losses and leaving. Choosing "keep position" means holding it and waiting for a better price to deal with later.
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First understand what these two options mean
OKX's official explanation of the grid stop logic is very straightforward: after clicking "Stop", you will see two options: "Stop strategy and market close all positions" and "Stop strategy but do not close positions".
"Stop strategy and market close all positions": the system will cancel all unfilled orders, then sell all your current positions at the latest market price, and the funds will return to your account.
"Stop strategy but do not close positions": the system only cancels all unfilled orders, keeps your current positions unchanged in your account, and waits for you to decide when to sell.
Note: if you are a lead trader, you can only choose "Stop strategy and market close all positions". There is no "keep position" option. In addition, a stopped strategy cannot be restarted. If you still want to run a grid, you can only create a new strategy.
Which one should you choose based on your situation
Situation A: current total profit and loss is positive (floating profit)
If you want to lock in profit, choose "market close". The system will sell your position immediately, and the profit will become real money returned to your account.
Exception: if you think the market will continue to move upward, but the grid range has already been broken, you can choose "keep position" and wait until the price reaches a level you are satisfied with before manually closing.
Situation B: current total profit and loss is negative (floating loss)
You are stuck. What you choose at this point depends on your judgment of the market.
Choose "market close": accept the loss and exit. This is suitable if you think the market is likely to continue moving against you.
Choose "keep position": keep the position in your account and wait for the price to rebound to a certain level before selling. This is suitable if you think the current floating loss is only a temporary pullback and the price will recover later.
Risk reminder: after choosing "keep position", the position occupies the margin in your futures account. If the price continues to move against you, your floating loss will keep expanding until it hits the liquidation price. At that point, it is no longer about whether you want to sell or not: the system will directly liquidate your position. So if you choose to keep it, you need to watch the market closely. Do not just leave it alone.
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A point many people overlook: closing fees
If you choose "market close all", there may be a difference between the final fill price and the current price you see. This part is determined by the slippage of the market order. In addition, closing positions will not form grid arbitrage groups, and this part of the fee will be counted as unmatched profit.
How to verify the operation is complete: after stopping, go to the "Positions" list in your futures account and take a look. If you chose "market close", the position should no longer be there, and the funds should have returned to your available balance. If you chose "keep position", the position should still be visible in the list, but all pending orders will have been cleared.
