Take Profit

Post author By admin
Post date December 2, 2020

A take profit order automatically closes an open order when the price reaches a specified threshold.It is an order used by currency traders to automatically close their position once a certain profit has been made.A take profit order is a standing order put in place by traders to maximize their profits. Take profit is a trading command which allows profit to be fixed to a certain amount when the price reaches a certain level.

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