What is Take Profit and Stop Loss
Published on Jan 1st, 2024
1. Take Profit and Stop Loss
Take Profit and Stop Loss are divided into Amount Take Profit (Stop Loss) and Price Take Profit (Stop Loss)
2. Amount Take Profit
Amount Take Profit (Stop Loss): When the floating profit and loss of your position order reaches the amount you set, the system will trigger the system to automatically close the position
3. Price take profit
Price Take Profit (Stop Loss): When the currency price of your position order reaches the price you set, it will trigger the system to automatically close the position