Take Profit
A service for automatically closing a profitable trade. After the profit reaches the assigned value, the trade is closed automatically and the financial result is locked in.
Stop Loss
A service for automatically closing a losing trade. After the loss on a trade reaches the assigned value, the trade will automatically close at the current market price.
While Take Profit and Stop Loss may be amended on an open trade, both require to be set at a certain distance away from the current price level.
In this video, you will learn how the trade protection parameters of Take Profit and Stop Loss will help you protect the trade balance from losses and secure profits.
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