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How do stop-loss and take-profit orders work?

How do stop-loss and take-profit orders work?

Stop-loss and take-profit orders automatically close your trade at predefined price levels.

  • Stop-loss closes your trade if the market moves against you, helping limit losses
  • Take-profit closes your trade when your target profit or price level is reached

You set both levels when opening a trade or modify them later. Once the price reaches either level, the trade is closed automatically.

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