Take profit

24.07.2017

Take profit is a trading command which allows profit to be fixed to a certain amount when the price reaches a certain level. This command helps to reduce risks. If a trader sets up a take profit command on a certain trading instrument, when the price of the instrument reached the specified price level, the position will be closed automatically. A take profit command can be set up at any time during an open position.

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Trading Forex on margin offers good opportunities to receive high profit, and carries a high level of risk. Prior to trading you should make sure you fully understand all the risks involved and take into consideration your level of experience and financial situation.

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