TP / SL

Manage your risk with Take Profits and Stop Losses

Take Profits are price levels at which you take profit, and Stop Losses are price levels at which you sell to avoid losing more of your capital. In general, we strongly recommend setting stop losses to protect your capital. Cryptocurrency is volatile and trading with multipliers makes them especially volatile.

There are three ways to set take profit levels and stop losses: two places in the order form, and one place on the positions screen.

Order Form (Numerical)

Under the advanced tab of the order form, there is a place to set take profits and stop losses. Instead of a mental calculation, you can also calculate the take profit and stop loss based on the return on equity target.

Order Form (Visual)

After selecting the TP / SL on the order form, you can further refine your selection by looking at a visual interface.

Position Screen (Visual)

Finally, you can also modify the Take Profit and Stop Loss after the trade by clicking on the