I just started with btc-e however I seem to have a load of partially filled orders. What happens with these? Can I cancel them? and if so, how do I do that and what are the consequences? Some have a price tag of $100 so the chances they get filled are minimal.
You can cancel them in the
Your current active orders section of the Trade tab by clicking the cancel link under
Action. The remainder of the order is taken off the books and you can place new orders using the funds which are returned to your balance.