Effectively manage trading capital with Stop Loss & Take Profit’

Stop Loss and Take Profit features are an additional feature within MT4 to allow traders to take greater control of their open positions. These features are useful when trading on the go or not in a position to monitor trades – especially in volatile markets.

Stop Loss is designed to limit losses when the direction of a trade goes in the opposite direction of the initial trade. When you choose a Stop Loss amount, your trade will automatically close once the amount set is reached in the market.

Take Profit is a feature where an open position will be automatically closed once the open trade reaches the pre entered target profit line.

Set a ‘Stop Loss’

1Go to Trade to view open position

2Hold down on the trade for the menu to appear

3Tap Modify

4Click the Trade icon at anytime to view open positions

5The Stop Loss will appear

6To confirm your SL, tap Modify

Click Trade at anytime to view open positions

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