Take-profit
An order that closes a position once a target gain is reached.
A take-profit closes the trade when price hits a profit level you set in advance. It helps lock in outcomes without relying on decisions made in the heat of the moment.
An order that closes a position once a target gain is reached.
A take-profit closes the trade when price hits a profit level you set in advance. It helps lock in outcomes without relying on decisions made in the heat of the moment.