Take Profit/Stop Loss

TP/SL

TP/SL’s allow you to automate closing your trade at a price you determine, this can be used to lock in profit if the price reaches a certain number, or to prevent liquidations by closing your position before it reaches your liquidation price to save some funds. To set a TP/SL:

• Click on the tab below where you choose to long or short

• Enter the value of the position you want to close in the first field

• Enter the price you want to trigger your order in the second field

• Press the “Order” button

• Sign the transaction in your wallet