Take profit
Last updated
Last updated
A Take-Profit order is a limit order that specifies that price at which to exit a position for a profit. You can set a Take-Profit in multiple ways through the chart or positions page.
To initiate an order directly from the chart, you can select the + icon on the right side of the chart at the desired price position above the current price and click Sell Limit.
When the trade confirmation modal appears, if designating to trade directly from the chart, the price will be set to the pricing position selected with your cursor on the chart. Any field can be edited before confirming the trade.
In case of a short trade, place a Buy Limit below the current price to set up a take-profit.
Take-profits can also be initiated by selecting the Take-Profit (TP) button beside the position on the chart with your cursor and dragging it to the desired price position. Releasing the cursor will submit the trade order.
A take-profit can be set up from the positions screen by clicking Modify Position or right-clicking on the position and selecting Protect Position.
