Take profit: definition and meaning
A take-profit order closes a position automatically when the price reaches your profit target.
Why it matters
It helps you lock in gains without watching the screen.
Related terms
- Stop-loss
A stop-loss is an order that closes a position automatically if the price reaches a level … - Risk management
Risk management is the set of rules you follow to limit losses, such as position sizing, s…
Guides that explain more
Educational content only, not financial advice.