How do i set my stop loss and take profit. And the take profit at the 25th positive percentile.

How do i set my stop loss and take profit 3. How do I set my stop loss and take profit? › Although there is no general way of structuring your stop loss and take profit orders, most traders try to have a 1:2 risk/reward ratio. I trade on a 5M chart. Jan 26, 2024 · Having an exit strategy is essential in managing your portfolio because it can help you take your profits and stop your losses. Some traders always set a stop loss of 30 pips and take profit of 100 pips without considering the specifics of the asset. 2% stop loss below entry price. I'd like to set my Take Profit and Stop Loss in dollar terms and as a percentage of my account balance There are two special fields for this in the Take Profit / Stop Loss section. Stop Loss. Feb 6, 2025 · In this video I will show you How To Set Stop Loss And Take Profit In TradingView. 1200 (resistance), you might enter at 1. If your stop loss is $1 below entry, you risk losing $1 per share. Nov 7, 2023 · Both Stop Loss and Take Profit orders are basically you as a trader telling your broker when to close your trades. Navigate to the copy trading page > My elite trades > Active elite trades. To use them, inputthe necessary data into the Aug 14, 2022 · "Save" the values you need for your calculation of the stop loss. CoinSpot Mobile App - Stop Loss - (Stop Loss Complete) How do I set a Take Profit Order 1. The take-profit or stop-loss price will be active after the order is filled in full and a position is held. Stop-loss and Take profit can be written as SL and TP. However, if you want to place another limit order to take profits if the price goes up, you would need to have additional funds in your account that are not tied up in the stop-loss order. SL. YOU WILL NOW SEE. I personally, prefer the first approach. Pip count. Either 1. Your stop loss is triggered, but you notice the trade exited at 1. Currently, I take 1-2% profit (2% first 2 hours, 1% rest of day) with the 20 EMA as my trailing stop loss. Aug 27, 2024 · The TP/SL feature before opening a position refers to setting trigger conditions (ROE or PNL) for a close order in advance. Two, to define your risk. as follows : now PRESS THE BIG BLUE LINE TO COMPLETE THE ORDER MODIFICATION. 1200, and your stop-loss at 1. idk what to do to make it stay. 2000 on EURUSD. In order to use both of these features at the same time you need to ensure you have the necessary funds available for the both order types. Feb 19, 2025 · 3. Jun 21, 2023 · How to set a stop loss & take profit on Bybit, plus trailing stopBybit $4,000 Bonus (Global): https://bit. Mostly because I prefer to set SL/TP to some specific market levels I believe to be important - spread has nothing to do with that. KuCoin Futures supports both Take Profit and Stop Loss, and users can set or adjust "Take Profit/Stop Loss" before placing orders or when holding positions. Decide on Your Risk Tolerance Then set the stop loss at the negative returns 50th percentile (median). Oct 30, 2024 · For example, if EUR/USD is trading between 1. The take-profit order is automatically cancelled. If I set a buy limit at a recent support level I usually don’t set a stop loss and try to ride the trend. Nexo is the world’s leading regulated digital assets institution. Confirm and Execute: Click the “Sell” or “Buy” button to execute the order. Take profit allows us to close a profitable position by preventing profits from being "taken back”, while stop loss allows us to close a losing position by preventing excessive losses. Choose your stop loss type: Select the type of stop loss you want to use, such as Fixed Stop Loss or Trend Following Stop Loss. Volatility: The more volatile the market, the wider your stop-loss and take-profit levels may need to be. The take-profit order is triggered and filled at $10. How to avoid: Adapt stop loss and take profit levels to the specific situation. com/?aff_id=30508Today we’ll go through the entire process of creating a bracket order on TradingView. In this Apex Pro tutorial, I will show you how to set up a take profit as well as a stop loss for a position that's already open and when opening a position. they disappear even if the price stayed between my stop loss and take profit. For example, in a calm market, you might use a 30-pip stop-loss What Is Stop Loss & Take Profit. com and click the Contract Trading button. Analyze market conditions before each trade. Apr 29, 2020 · HOW TO PLACE STOP LOSS AND TAKE PROFIT ON MT4This video shows you a practical demonstration on how to determine and input your stop loss (Risk) and take Prof Feb 23, 2025 · Tips for setting stop loss and take profit. Nov 21, 2023 · Learn what Stop Loss and Take Profit are, how to calculate and use SL and TP orders at Forex. Hope it helps other customer in the same situation as mine. Ensure it aligns with your risk management strategy and overall portfolio diversification. 5%, I set my stop loss to the lower tiered 0. Step 5. You wanted a price type of stop on quote, what you did is set the minimum price you would except. 20000. ’ Next, input the Stop Loss or Take Profit price, and click ‘Modify. Import Economic Calendar to iCloud, Google, or Outlook: https://blackbull. This is the price at which your position will automatically close to limit potential losses. Some of the most common reasons for an invalid Stop Loss and Take Profit include: Stops are too close to the opening price. Please ensure you have sufficient balance in your account to place multiple The process of setting Stop Loss/ Take Profit on your orders when you open positions will be as follows: Visit the "Trade" page, choose the product, select "Buy" or "Sell," and set the Stop Loss / Take Profit. ta. The stop-loss order is triggered at $9. 3 Opting out of trailing stops I struggle with these two subjects. You’ve limited your loss to $20. I started playing with a trailing stop that I only move when I hit SL levels. But it would be very helpful to have a drag and drop functionality to submit the orders by setting the STOP and TAKE profit lines visually. Learn how to calculate your own lot size based on the take profit and stop loss you set per your trading technique. Usage scenarios: When placing an order (e. Read on to learn how to set take-profit and stop-loss as an elite trader. In the new window that appears Nov 4, 2024 · You can set these levels in pips, price, balance, or profit. You can set the desired profit level in the account currency or as a percentage of the account balance. how to set a stop loss and take profit) using Tradovate. It tells your broker how much you are willing to make as a profit with one trade and close it once you’re happy with the amount Mar 26, 2024 · Set Stop-Loss and Take-Profit Levels:** - After opening a position, you can set stop-loss and take-profit levels directly from the trading panel: - **Stop-Loss:** Click on the "SL" button and enter your desired stop-loss price level. Setting a Stop-Loss Order. 2ATR = -1. Setting stop loss and take profit levels is an art that balances risk with reward. barssince starts counting when your position is open. Dec 19, 2024 · How to Set Stop-Loss and Take-Profit Orders 1. ’ To remove a Stop Loss or Take Profit, choose to modify the trade, then update the Stop Loss or Take Profit price to “0”. Once it's a good 10 pips past my tp I'll add a 10 pip trailing stop. The stop-loss order is automatically cancelled. g. Once you click on the arrows in the S/L and T/P fields, the current price will pop up and you can adjust it from there. A window will appear where you can modify your order with a stop loss and take profit. Stop loss and take profit orders are fundamental tools for managing risk and locking in profits in the My stop loss would be above my entry, as if price rotates above my stop loss, my trade and my analysis has been invalidated. com/en/platforms/tradingview/?utm_source=youtubeIn this video we learn how to set a Stop Lo Currently, it is not possible to have a stop loss and a take profit on the same order at the same time. You may notice that the $ Risk, % Risk fields are duplicated in Quantity and Stop Loss. My profits have increased dramatically because of this and was the best thing I've ever done for my trading. Even before you enter a trade, it can be helpful to have a plan for how you might exit the trade. Figure 7. Something similar is possible on the Mobile App as someone already suggested and from TWS and Web Trader. 5 or 2 Traditional trailing stop. So if the stock is selling around $9. Thank you for the reply. A ‘Take Profit’ is an order placed on a trading platform to automatically close out a position when it reaches a certain level of profit. For example, if the ATR is currently 50 pips, and the trader chooses to multiply it by a factor of two, the take profit level would be 100 pips above their entry price. Select “take profit/stop loss” if you want to create a ceiling and a floor for the stock price, so that if either one are crossed, your position will close. The main purpose of setting is to close the trade automatically when the price reaches that level. Don’t forget Trade Management is just as important. Unfortunately, it is not currently available on our platform. Setting a take profit and stop loss is ea TradingView (FREE 30 DAYS): https://www. blackbull. How to setup SL/TP on Tradovate/TSTRADER. Figure 3. Dec 16, 2024 · Set your stop loss: Choose the stop loss level for your trade. Set the Take Profit. Significant news events or changes in market sentiment can lead to sharp price movements that may impact your orders. Similar to the stop loss, set the take profit order by entering the target price at which you’d like to lock in your profits. In the Order window, you can modify your order starting from the order volume (lot size) and setting up Stop Loss or Take Profit. It aims to help you: Manage Risk: Setting stop loss orders enables you to limit potential losses by automatically triggering a sell order if the cryptocurrency price drops below a certain threshold. For Take Profits, I set those at levels where I have done analysis for my trade. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier Nov 14, 2024 · A Take-Profit order will lock in profits when the price reaches the target, whereas a Stop-Loss order serves to take a loss and protect users against further downside. ly/Bybit-ZGMoneyZG Crypto Investor Course: https:// 3 days ago · 6. c) The price of AAPL falls all the way down. Not all stocks go Take Profit (TP) is an investment equity at which an investor wishes to close his investment with a certain amount of profit. MT4 allows you to adjust these parameters at any point while the trade is open. A take profit is pretty much the exact opposite. We Step 1 – How to set up Stop Loss and Take Profit in MT4 Modify trade in the Order window. com/en/ec In the main trading terminal, go to the ‘Trade’ tab, right-click on the trade, then click ‘Modify or Delete Order. If you lose, take the stop. Set TP/SL and display the TP/SL price. I didn't full understood what you mean by using the drawing tool. If using 2:1 your take profit is +2. We would like to clarify that at the moment, the feature to set both a Stop Loss and Take Profit on the same asset simultaneously is not supported. There is no rule of thumb to determine levels of stop-loss. If you’re day trading or want to start doing some risk management, then setting up take profit and stop l Mar 9, 2024 · To use the ATR to calculate take profit levels, traders would multiply the ATR by a factor of their choosing, such as two or three, and add it to their entry price. Whenever the price goes to $9 or lower, the coin is sold, limiting further losses. Usually, I put in a buy order; then, when that's filled, I close via Stop Loss/ Take Profit. CoinSpot Mobile App - Take Profit - (Quick Options Menu) 2. Double-click on the order or right-click and select “Modify Position”. Review the details one last time > Once you are ready to place your order, select 'Confirm Stop Loss Order'. You can find out more information in our help article: Feb 3, 2023 · Take Profit/Stop Loss is used to close positions. You've locked in a profit of $80. Free TradingView paid plans with BlackBull Markets: www. You can set Take Profit and Stop Loss for limit or market orders in the order-placing panel to be free from monitoring the price Aug 14, 2021 · Check out this video on how to trade enter bracket orders (i. $10 + ($10 * . Jan 28, 2025 · Even with stop loss and take profit orders in place, it’s essential to monitor the broader market conditions. A stop-loss is designed to let your broker know how much you are willing to risk with your trade. Move the line to the price that you want to set your stop loss at. 5 and filled at that price. Stop-loss orders are placed with brokers to sell securities when they reach a specific price. Stop-loss orders are an essential tool to help minimize your losses if a price moves against you. Here are some foundational tips for setting these critical parameters. Modifying an Existing Order: Right-click on the open position in the Terminal window. I have checked all available options and nowhere is an option to put a cash value for TP. In this video, i am going to teach you th Jan 21, 2025 · Stop Loss and Take Profit in Coin Trading (Spot Crypto Trading) SL: When you buy a coin you can set a stop-loss order at a specific price below your entry point. You're saying, instead of closing via stop loss/take profit, I just sell the option and set a stop They said “those are the rules of the order” and don’t seem to want to make it sell limits. Avoid moving your stop-loss or take-profit orders unless market data justifies the change. When the latest trading price of the contract reaches the pre-set trigger price, the pre-set order will enter the market according to the order price to achieve the goal of taking profits and stopping losses. May 14, 2020 · If you wish to set Take Profit or Stop Loss conditions to positions that you have already opened, perform the following steps: Log in to Phemex. You can use take profit like this: Set your stop loss to nearest support + ATR Set take profit based on the R:R of choice relative to the stop loss Example your stop loss is -1% + 0. Now let us take a look at how to set up these limits: Set up SL/TP: Follow these steps to set up your SL/TP: Open any active investment, then scroll to the bottom and click Add Stop Loss or Add Take Profit under Auto In this video we learn how you can set a Stop Loss and Take Profit in MT5. Step 4: Setting Stop Loss and Take Profit Orders. Bag holding guarantees failure. The order type you’re looking for is a “one-cancels-the-other” with both a ‘stop loss’ and ‘take profit’. We checked for you whether take profit orders are available at Robinhood: Setting a profit target is a great way to secure your gains on your stock investments. Check the boxes for stop loss and take profit as When creating a Stop Loss or Take Profit order, please note that your funds will be held until the order executes or you cancel your order. When that goes off I get to my charts and see how fast it's moving. The position of your stop-loss order should be based on your risk tolerance, trade strategy, and market conditions. Tap on Quick Options Button (1) > Select Advanced Orders (2). Most traders set their stop-loss as a percentage of their buy price. Stop-Loss and Take-Profit orders allow you to manage trading positions without having to constantly watch the markets. Feb 3, 2025 · One of the most important aspects of this strategy is setting effective stop loss and take profit levels. There is a sudden news event, and volatility goes haywire. Stocks only. ‌ Example: $10 price with 30% take profit. Select Modify or Delete Order. this is problematic because part of my trading strategy is letting a full day pass, but I cant profit nearly as well using my strategy because my take profit (more important tbh) keeps disappearing. In summary, it is not possible to set stop loss/take profit from Client Portal. When trading through Tradovate as your broker, you only see "Sell Limit" and "Sell Stop" text labels on your take profit/stop loss bracket orders in the chart, whereas when using TradingView's paper trading, the labels show the actual dollar amount for those respective orders (and this gets re-calculated if you add/remove contracts or move your take profit/stop loss levels). Jan 15, 2025 · In this guide, we’re going to discuss and show you the optimal stop loss placement for some of the most common types of trading strategies. So Stop limit is only good IMO if you have already reach your target and want to thereby minimize additional risk of price moving downside from there. Click Modify to save the changes. 2 Using the same Stop Loss and Take Profit for all trades. 4% Using ATR helps to make the TP based on movement of the current price Dec 26, 2018 · You can also do the same with the risk. Enter the details of the Stop Loss Order (1) and select Set Stop Loss (2). 7 bc my order was a stop loss take profit instead of sell limit. 4 days ago · Stick to your predetermined levels. Man, i lost out when Blin stock spoked to 3. 19840, not 1. You may even get hurt if one doesn’t recover. Let’s continue our above example. Searching Youtube and Reddit doesn't answer my question about putting a simple take profit for a single order. I'm not recommending that you do this, just explaining that using a stop loss is not on the mobile app yea i think you hit the option then go to trade spread and then to advanced order,,,there you'll see the trigger order on top and you can add orders to the OCO beneath it, you have to go and change the OCO orders from "To Open" to "To Close" by pressing on them and changing the setting, and yes it's "1st triggers OCO" and yea Set a stop loss based on the chart. For example, in a calm market, you might use a 30-pip stop-loss May 26, 2021 · How to set take profit and stop loss on Webull app. Define the Order Quantity. If I short, I ALWAYS set a stop loss no matter what. They also help you to limit your losses and lock in gains. e. My max loss is set at 1% of my account per trade, and I never commit more than 10% of my total account to any single open position. Dec 18, 2024 · What I do here is to set my profit targets in advance, and make sure that my investment will be sold at this level if possible by a take profit order. Jun 4, 2023 · So how can you tell where to set your stop-loss order? Read on to find out more. After you've set your stop loss, click on the”+” or “-” symbol next to the Take Profit box, if you're going to use a take profit. Conclusion. So you can refer back to candle you want. I have done the exact same steps but when I click on the order, no Take profit or Stop loss lines appear for me to drag. Enter your Stop Loss and Take Profit levels in the respective fields. I did a post somewhere about how to do it. Jun 5, 2024 · Click the stop loss and take profit check boxes and enter the desired levels as a pips, price, USD, or percentage. The process of setting Stop Loss/ Take Profit on your opened orders will be as follows: Mar 31, 2024 · This will bring up a red line on the chart. My take profit was at 3. Just set it at 20 pips or some other number. Stop Loss & Take Profit Orders - Stop Loss - (Advanced Order Page) 4. Specify the quantity or amount of the cryptocurrency you want to trade. To set a stop loss and take profit after order that has already been opened, click on the edit icon on the order in the Positions tab. Mar 9, 2023 · In this Binance tutorial I show you how to set a take profit as well as a stop loss on the Binance futures market. 7. Stop losses are exit orders that you can set to automatically close a position if it reaches a specified price that is worse than the underlying market’s current price. We will detail two indicators thatyou can use to set your orders below. 1. You can set the TP/SL by price or by percentage. Tradovate is a futures trading plat Dec 11, 2017 · so our stop loss was 1. 1000 (support) and 1. 99 extended hours with entry at 2. Enter your stop loss price: Set your stop loss price using the Coinbase Pro platform. 48 sales is. My take profit must be a minimum of twice what I am risking making that a min of 2% of my total account. The key to effective SL and TP placement is aligning them with your trading strategy and risk tolerance. Stop Loss & Take Profit Orders - Stop Loss - (Setting Stop Loss Order) 5. . Figuring out Stop loss and take profit are two widely used exit orders in systematic trading. 50 and you put in a Sell Limit order at $9 then it would sell as soon as possible at a price greater than $9 which your $9. 3) = $13 Take profit Since $10 * . less experience. Jul 27, 2023 · Determining stop-loss order. Then he clicks on the chart where the order is and a Take profit and Stop loss line appear where he can drag them. If you watch the linked video, at 1:25 he right clicks and places a limit order. Figure 4. 5 days ago · During this process, TradingView allows you to specify various order parameters, including the entry price, stop loss, and take profit levels. Helpful WEEX resources 5 days ago · Enter Stop Loss and Take Profit Levels: In the order window, you’ll find fields for stop loss and take profit. I only move my stop loss into profit, never further into a loss. 2 Red Lines to indicate the stop loss and Take Profit positions; if you look in the order itself you will see the stop loss and take profit prices; this is how you modify and order By offering the option to set take profit and stop loss trigger limits, Simplified Take Profit and Loss provides several benefits for traders. Exit strategies are important whether you’re an active trader or a passive investor. A green line will appear and you can drag it to the price that you want your take profit at. Set Take Profit & Stop Loss before placing orders. Figure 8. Oct 11, 2024 · Once you’ve entered the desired levels, click Buy or Sell to execute the trade with Stop Loss and Take Profit levels set. Here are the steps to set an effective stop-loss order: A. For instance, if you are willing to risk 1% of your investment, then you can target a 2% profit per trade. You’re going to lose often even if you’re profitable. By setting this, traders can minimize losses and risk factors. For example, if you want to set a Take Profit order at such a level that your profit is $100, then you just need to enter $100 in the profit box so that the order price is automatically calculated. 8. This setting was present around 2021, but suddenly moved I guess I need to raise a ticket for it. 0950. Set a target either based on the chart, or a particular reward/risk ratio. I prefer to use the ATR indicator to define my Stop Loss. When the last price, fair price, or index price reaches the pre-set trigger price, the system will close the position at the best market price based on the pre-set trigger price and quantity, achieving the goal of taking profit or stopping loss. 3457. Personally I stopped using a stop loss last year due to being stopped out so many times on trades that I wouldve been profitable on without a stop. Test Strategies Before Applying; Use a demo account to practice your stop-loss and take-profit approaches. Depending on your trading strategy, you can choose to set limit-makers as Take-Profit orders and stop limit as Stop-Loss orders. 50. 3) = $7 Stop loss Or you can use Fib retracements setup with 30% retracement or whatever % you want. You’ll wind up with bad positions and no cash. If the price falls to that level, the order closes your position. After entering the trade details, locate the sections where you can input your stop loss and take profit levels. Step 4: Set Your Take Profit Price Figure 6. How many shares you buy is determined by the size of the stop loss. 98. If I have time I'll remove the tp and let it blow past. You, or your platform, can then determine how many shares to trade. I also have a rule that if a bar closes in my favor at every 0. If the asset’s price falls to that level, the stop-loss order automatically triggers and sells your position to limit further losses. One, to exit a trade as soon as you’re proven wrong. At a stop-loss of 10%, for instance, a coin bought at $10 will have a stop-loss set at $9. Here is the response of the IBKR CS to my question above. Also if the trade becomes more profitable than 25pct of historic positive movements, take my profit. And the take profit at the 25th positive percentile. These are two types of limit order. float candleLow = open[countBars] float atr = ta. This is not for selling immediately since you’re giving it a little room to grow. Step 6. 3 is $3 and $10 + $3 is $13 Stop loss of 30% would be $10 - ($10 * . I may cut Tradovate allows adding Stop Loss and Take Profit levels to the order only when placing the order in the order panel, it is not possible to add S/L and T/P levels once the order has been already placed or to an already running position. However, you increase your potential loss and decrease your potential gain. You can place a market order, limit order, or stop order individually, but there's no option to place multiple types of orders on the same asset at the same time. 5% (if the candle closes on or past the 1% mark, I auto set stop loss to 0. Not my favorite because it doesn't take volatility in to account and then I am always second guessing what number to choose. We’re also going to look at how you should design your exits to extract as much profit as possible from the markets. When you place a stop-loss order, you limit how much you will lose. In my opinion, I set my stop loss at 1% of my balance if it is volatile. Besides, I trade long-term, so this minimizes the effect of spread on my trades. Stock went down in market hours to around 3 This is to ensure that the funds are available if the stop-loss order triggers. It is a tool that helps traders to limit their losses in case the market moves against their position. My theory is if the trade starts going worse than 50pct of historic losses over the same period, just get out. Please consider the following peculiarities for: Sell order: stop loss should be above current ask price, and Take Profit should be below the current ask price; Buy order: stop loss should be below current bid price, and Take Profit should be above the current bid Trading on the 1 and 2 hour candle is set my tp and stop loss based on resistance then set an alert about 10% away from my tp. How many of you all, after entering into the trade, set the take profit (to close the trade) with a stop loss set (one cancels the other trade), and then sign off /go about your day? Maybe just checking in later to see how it went. These orders can be set in the Profit/Loss tab of an open position, where you can define a target price or specify the profit/loss level at which the trade should close. It would be good if you watch the video until the end so that you don't mi There is no “take profit” option with TDA, but there are a few ways to do this. tradingview. I know there is a high likelihood if those prices moving towards that level. The process of setting Stop Loss/ Take Profit on your orders when you open positions will be as follows: Visit the "Trade" page, choose the product, select "Buy" or "Sell," and set the Stop Loss / Take Profit. atr(14)[countBars] Calculate your Stop Loss and then your Take Profit. In Ichimoku Cloud Trading, stop loss is set based on the support and The stop loss serves two key purposes. Tick stop-loss and take-profit options, set the limits, and press Modify Order. From your Open Positions tab, click on -/-(-) under the TP/SL(Trailing Stop) column for the target symbol you wish to work with. Step 3: Set Your Stop Loss Price. At this point I can move around my stop loss and take profit in the options chart, but I can't move the stop loss or take profit anywhere near my entry. 3332 and our Take Profit was 1. Robinhood offers a take-profit or Take-profit and stop-loss (TP/SL) is a type of strategy order that refers to setting the order and trigger conditions in advance. The process of setting Stop Loss/ Take Profit on your opened orders will be as follows: My question is not realated to OCA. Feb 3, 2025 · How Do Stop-Loss and Take-Profit Orders Work? Stop-Loss: Protect Your Trade . This is also known as an OCO bracket order, or one cancels other. So, if you bought a stock at $100, set your stop-loss at $90, and the price drops to $90, your position automatically closes. The WEEX Team . All I do is take multiples of my SL. Tap on ‘Take Profit’. Take Profit and Stop Loss orders help you manage your open trades by securing profits or limiting potential losses. A stop-loss can be used to protect profits, limit losses, or both. Stop Loss and Take Profit Calculator Some useful calculators online can help forex traderscalculate where to set their stop-loss or take-profit orders. Emotional adjustments, like chasing losses or extending profit targets, often do more harm than good. To set these levels on an already open trade, locate the Positions window. Stop loss is an important aspect of any trading strategy. 5%) This has worked ok for me, but Today we'll learn how to create take profit and stop loss orders within Webull. 1050, set your take-profit at 1. For instance, let's say your stop loss is at 1. You can also set the stop loss to only monitor pullback after the price has risen to a given point. Mar 30, 2021 · Forex slippage happens when your stop loss is triggered and closes your position at a price below or above your pre-determined stop loss. , a limit order, market order, stop limit order, or stop order) to open a position, you can set a take-profit or stop-loss price. The stop is triggered when your price is reached and therefore cannot be set to take profits lower than the existing price- this is why its there to minimize risk. Learn about setting Stop-Loss targets and how to develop your own risk ratio. You can enter a OCO order where one is a take profit “sell limit” at your take profit number, and the other is a stop limit at your lower stop-loss. Enter your desired levels based on your analysis. paoduv umazwm yjucy vsym wnhjpp mynzw jgz urbuu novrb bqvww bswncl fdgl dgjpqhx prqmu ytyu