Take-profit
In short
A take-profit closes your position automatically at a defined profit target. It locks in gains before the market takes them back.
The ratio of take-profit to stop-loss sets your break-even hit rate: trading 1% wins against 2% losses requires being right more often than most believe — our lab watched a strategy fall apart on exactly this.
Stop-loss and take-profit at the same time — possible?
Yes, as a bracket/OCO order: when one side triggers, the other cancels automatically.
Related terms
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