Stop Loss order:

A stop-loss order helps the trader limit trading losses. If prices move against the trader’s prediction, this order
will close the trade immediately. The stop-loss order is attached to the “Market” and “Pending” orders. In long
orders, the stop-loss order will be activated based on the BID price. In short orders, the stop-loss order will be
activated based on the ASK price.

“Profit Limit” order or “Take Profit”:

When the profit reaches a certain level, the profit limit order is activated, and the trade is closed. The “Profit
Limit” order of the long trade is usually determined based on the BID price, and the “Profit Limit” order of the short
trade is determined based on the ASK price.

Method:

You can set “Stop Loss” / “Take Profit” in the order window.

Select the “New Order” command from the “Trade” tab and determine your profit and loss limit according to your
position.

To change the profit limit or loss limit in the trade tab, right-click/touch on your open trade and select the
“Modify” or “Delete” option.

Once the order has reached the predetermined price, you cannot change or remove the Stop Loss / Take Profit condition.