Take profit (TP) or target price is an order that you tell or send to your broker informing them to close your position or trade when price reaches a specified price level in profit.
A stop-loss order is an order placed with a broker to sell a security when it reaches a certain price. Stop-loss orders are designed to limit an investor's loss on a position in a security.
A stop-loss order is an order placed with a broker to sell a security when it reaches a certain price. Stop-loss orders are designed to limit an investor's loss on a position in a security.
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