WHAT IS Take Profit?
A Take Profit is a predefined order that automatically closes a position when a certain amount of profit is reached. It locks in gains and removes the need to monitor trades constantly.
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🧾 Scenario
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You short NASDAQ 100 at 14,000
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You set a take profit at 13,800
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If the price falls to 13,800, the system automatically exits the trade, securing your profit
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This is especially useful for traders who follow structured strategies or can’t monitor the market all day.
🧠 Tip
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Combine take profit with stop loss for a balanced risk/reward
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Don’t set take profits too close — allow the market room to breathe
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Use technical levels (resistance, support) to guide your TP placement
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