Liquidate everything

Liquidate immediately sends orders to sell every position at the going market price (“market orders”) across every account you’ve connected — paper andlive, not just the one the badge shows. It is the most consequential button in the product, and it is treated accordingly. It is not a full stop, though: it does not pause trading (more below). The Liquidate control sits in the kill switch: in the top bar of every screen on desktop, and in the navigation menu’s Kill switch section on a phone; the keyboard shortcut below opens the same confirm.

The confirm flow

The modal shows a sell summary first (the positions to be closed, their estimated proceeds, and any open orders affected), so you see exactly what the lever does before arming it. When you have both a paper and a live account connected, each account gets its own summary block (labeled PAPER and LIVE) so the true blast radius is on screen. Then type LIQUIDATE, exactly. The button stays disabled until the text matches, and SleeveFolio checks the word you typed again before acting.

What happens

• Open orders are cancelled first, so nothing fills mid-liquidation
• Every position is closed with market orders
• A confirmation is sent to every notification channel you’ve enabled (email is always sent), and an audit entry records what was closed, cancelled, and skipped

Liquidate doesn’t pause trading

Liquidate cancels open orders and sends orders to close your positions, but it does not pause trading. If auto-execute (automatic trading) is on, its next scheduled run can place new buys, including buying back what you just sold. To exit and stay out, use Pause as well: press Pause first, then Liquidate. Trading stays paused until you press Resume.

If part of it fails

Liquidate runs account by account and reports only what the broker confirmed. If part of the sweep fails — an account whose positions could not be read, a position the broker refused to close (or could only match to an earlier close that had already finished), an open order it refused to cancel, or an account with positions on record but no saved keys — the result is never shown as a plain success: the toast turns amber, the confirmation window stays open and names exactly what was not done, and the confirmation email says the same thing. Retry from the same window (today’s own closing orders are left working, so a retry never doubles a sale) and check the account directly at your broker. If no account’s positions could be read at all, nothing is closed and the window shows the error instead, with how many open orders were already cancelled and the same account-by-account detail as the email. Orders the broker did not confirm cancelled stay listed as open on the Orders page.

Keyboard: ⌘⇧L opens the same confirm: the shortcut never skips the typed phrase.