Take Profit & Stop Loss
2021-07-05Take Profit
Setting of take profit will assist trader in locking in the desired amount of profit.
After trader presets an order to obtain profit, If the market price reaches the preset price set by the trader, the position will be executed and take profit.
Stop Loss
Setting of stop loss will assist trader to reduce the losses that will be sustained.
After trader presets a stop loss price, if the market price reaches the preset price set by the trader, the position will be executed and stop loss.
How to set up Take Profit & Stop Loss
- Choose the order to set up
- Click TP/SL--fill in preset price--finally confirm.