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What is Take Profit Order? A Take Profit order is a type of o | LiteFinance

What is Take Profit Order?

A Take Profit order is a type of order set together with Market Execution or Pending orders. It is used to fix profits once the price level reaches a predefined value. Take Profit orders are executed automatically. This review deals with Take Profit orders and teaches you to place them on different platforms, use them in various trading systems, and calculate their levels.

 

Basics of a Take-Profit Order

There is Take Profit definition:

Take Profit (ТР) is a pending order that directs the broker to close a trade once the asset's price becomes equal to the value preset by... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtxkB