Flatten All Positions & Cancel Orders in Tradovate
When the market rips against you and your order book is a mess, you want out fast. Here's every way to flatten positions and cancel orders in Tradovate.
When ES rips against you and your order book is a mess of stale limits and stops, you don't want to be hunting through menus. You want out, position closed, working orders gone, flat. Tradovate gives you a few ways to do exactly that, and this guide walks through each one: exit a single contract, clear the DOM, or flatten your whole account in a click. If you're wiring up automation with PickMyTrade, the same logic applies when an alert fires the exit for you.
What Does "Flatten" Mean in Tradovate?
To flatten is to close your open positions back to zero and cancel any working (resting) orders tied to them. When you're flat, you're completely out of the market with nothing left to fill, no stray limit that trips two minutes later, no forgotten stop. Tradovate lets you flatten at three levels: a single position, every working order on an instrument, or your whole account at once. You can also schedule an automatic end-of-day flatten if you'd rather not rely on remembering.
Flatten Positions & Cancel Orders in Tradovate: Step-by-Step
Open the Positions Module
Open the Positions module from the module menu. It shows every open position with its net quantity, average price, and open P&L, right alongside any working orders. Think of it as your control panel, whether you're exiting a single contract or clearing the whole book, this is where you'll do it.
Flatten a Single Position (Exit at Market and Cancel)
Right-click the position row to open its Actions menu, then choose Exit at Market and Cancel. Tradovate fires a market order to close that position and cancels every working order for that contract, both in one step. Only want out of part of a position? Skip the Actions menu and use the row's Close button instead, where you can set the exact quantity.
Cancel Working Orders From the DOM
Sometimes you want to clear resting orders but leave the position alone. That's a job for the SuperDOM. Its batch-cancel buttons, CXL Buy, CXL Sell, and CXL All, wipe the buy side, the sell side, or every working order on that instrument. Need to pull just one order? Click it on the DOM (or hover its line on the chart) and hit Cancel or the X.
Flatten the Whole Account (Exit All Positions & Cancel All Orders)
To dump everything at once, open the Equity / Open P&L section at the top of the Trader and click Exit All Positions & Cancel All Orders. Confirm the prompt and Tradovate market-exits every open position and cancels all working and suspended orders on that account. One thing to keep in mind: this button works on one account at a time. Trade several accounts? You'll need to flatten each one separately.
Schedule an Automatic Flatten (Flatten Today)
Want a hard cutoff you can't forget? Tradovate's Flatten Today (timed flatten) lets you set a time at which it automatically cancels all pending orders and flattens all open positions across your connected accounts. It's the cleanest way to enforce a no-overnight-positions rule without babysitting the clock.
Why You'd Need This
- Kill risk instantly when a trade or a news spike moves hard against you.
- Clear a tangled order book of stale limits and stops in one click.
- Exit cleanly at session end so nothing carries into higher overnight margin.
- Stay prop-firm compliant by flattening before a daily cutoff.
- Recover from a stuck bracket by exiting at market and cancelling the leftovers together.
Automate This with PickMyTrade
Manual flattening is fine, right up until an exit alert fires while you're away from the desk. PickMyTrade links your TradingView alerts straight to your Tradovate account, so a close or reverse signal flattens the position and cancels the leftover orders on its own. No scramble for the panic button.
Let Every Exit Signal Fire Itself
PickMyTrade links your TradingView alerts straight to your Tradovate account, so a close or reverse signal flattens on its own.
Start Your Free 5-Day TrialFrequently Asked Questions
Closing exits the position. Flattening exits the position and cancels the working orders attached to it, so nothing's left to fill. Tradovate's "Exit at Market and Cancel" does both at once.
No. The Exit All Positions & Cancel All Orders button acts only on the account you're currently viewing. If you hold positions across multiple accounts, flatten each one separately, or use Flatten Today, which can act across your connected accounts.
Yes. Flattening a position also cancels the working orders tied to it, including resting stop-loss and take-profit orders, so you end up fully out of the market.
This guide is for educational and informational purposes only and is not financial, investment, or trading advice. Trading futures and other leveraged products carries a substantial risk of loss and is not suitable for every investor. PickMyTrade is an independent third-party automation platform and is not affiliated with, endorsed by, or sponsored by Tradovate, Inc. "Tradovate" and all related names, logos, and trademarks are the property of their respective owners. Platform features and steps change over time, so always confirm the current process in the official Tradovate platform and documentation before acting.