Take-Profit and Stop-Loss

A Take Profit (TP) or Stop Loss (SL) order is a preset order to close positions with a trigger (TP price or SL price) and a specified order price. When the latest traded price reaches the preset trigger price, the system will automatically place the order to lock in profits or stop losses. Currently, there are two ways to place TP/SL orders:

New position: You can place a TP order and/or an SL order in advance when placing a limit order to open a position. Once the limit order is executed (either partially or fully), the system will automatically place the TP and/or SL order(s) based on your preset trigger and order prices.

Existing position: You can set a TP order and/or an SL order for an existing position. When the latest traded price reaches the trigger price, the system will automatically place the limit order at the predefined price and amount.