Effectively manage trading capital with Stop Loss & Take Profit
Stop Loss and Take Profit features are an additional feature within MT4
to allow traders to take greater control of their open positions. These
features are useful when trading on the go or not in a position to
monitor trades - especially in volatile markets.
Stop Loss is designed to limit losses when the
direction of a trade goes in the opposite direction of the initial
trade. When you choose a Stop Loss amount, your trade will automatically
close once the amount set is reached in the market.
Take Profit is a feature where an open position will be
automatically closed once the open trade reaches the pre entered target
profit line.
Set a ‘Stop Loss’
Click Trade at anytime to view open positions