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Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » Forex School » What is a Take Profit Order?

What is a Take Profit Order?

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1attention What is a Take Profit Order? Mon Aug 31, 2015 10:43 pm

SuperHero

SuperHero

A Take Profit order allows you to close a profitable trade automatically at a price you set.   This type of order is one of the main risk management tools you can benefit from as a trader especially if you are not actively following up on your account.

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