How do I execute a take-profit order or stop-loss order?

A take-profit order is used to close a position automatically if your goal for the trade has been reached. This can help secure gains and make sure not to lose them.

When you place a take-profit order you determine a price, at which you wish to sell the position to secure a predetermined potential gain. If the market reaches the price, the position will be sold automatically and the gains are secured.

To add a take-profit order to a trade ticket, click Add Take profit / Stop loss >Click Take profit > Choose a Unit (e.g. Price) > Determine your preferred take-profit level at which you want to sell automatically.

• New positions:
  • On the Trade Ticket > Click Add Take Profit / Stop Loss > choose your take-profit price > Click Place Order

• Existing positions:
  • 1. Go to the Positions module > Click Add under "Limit" > Next to "Take Profit" choose your take-profit price > Click Place Order

• • 2. Go to the Positions module > Right-click on a position > Click Take Profit / Stop Loss > Next to "Take Profit" choose your take-profit price > Click Place Order

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