Take Profit & Stop Loss

Take Profit

A Take-Profit Order automatically closes your position once the market reaches a specified profit target.

When to Use？

• To lock in profits without constantly monitoring the market.

• Commonly used together with stop-loss orders for balanced risk management.

Key Points

• Ensures profits are secured at predetermined levels.

• In fast-moving markets, execution may occur at a slightly different price than set.

👉For details on how to set a take-profit order, please refer to this page.

Stop Loss

A Stop Order (often called a Stop-Loss Order) is triggered once the market price reaches a specified stop price. It then converts into a market order and executes at the best available price.

When to Use?

• To limit losses if the market moves against your position.

• To automatically sell or buy once a threshold is breached.

Key Points

• Helps protect your portfolio by limiting downside risk.

• Final execution price may differ from the stop price in volatile markets.

👉For details on how to set a take-profit order, please refer to this page.

FAQ

Why My Take-Profit/Stop-Loss Order Was Not Filled？

A take-profit or stop-loss order is essentially an advanced type of conditional order. If the order has not been executed, please refer to this page.