What is Stop Loss and Take Profit?

Stop Loss and Take Profit are essential features that allow you to manage risk and potential profits for your open margin positions:

• Stop Loss: Sets a limit on the maximum loss you are willing to incur from an open position.
• Take Profit: Sets a limit on the minimum profit you aim to achieve from an open position.

Each open position can have its own Stop Loss and/or Take Profit limits tailored to your trading strategy.

To set a Stop Loss or Take Profit for your positions, follow these steps:

1. Open a Buy or Sell Position for your desired instrument.
2. Scroll down in the trading interface and tap on ‘Stop Loss’ and/or ‘Take Profit'.
3. Specify your desired amount for the Stop Loss and/or Take Profit.
4. Tap on ‘Save’ to confirm your settings.

For any further inquiries, please do not hesitate to contact our Customer Care team through the app or via email at support@changeinvest.com.