Short Answer
cTrader allows you to add a Stop Loss and Take Profit when opening a trade or at any time while your position is open.
What Is a Stop Loss?
A Stop Loss is a predefined price level that automatically closes your position if the market moves against you.
It helps limit potential losses and is an important part of effective risk management.
What Is a Take Profit?
A Take Profit is a predefined price level that automatically closes your position once your target profit has been reached.
It allows you to secure profits without continuously monitoring the market.
Adding Stop Loss and Take Profit
You can set both values before opening a trade:
Open the order window.
Enter your position size.
Enable the Stop Loss and Take Profit options.
Enter your desired price levels.
Review your order.
Place your trade.
Modifying an Open Position
To update an existing Stop Loss or Take Profit:
Open the Positions panel.
Select the position you want to modify.
Click Modify Position.
Update your Stop Loss, Take Profit, or both.
Save your changes.
Your updated levels will take effect immediately.
Removing Stop Loss or Take Profit
If you no longer wish to use either level:
Open the position.
Edit the Stop Loss or Take Profit.
Remove the existing value.
Save your changes.
Best Practices
Set a Stop Loss before entering a trade whenever possible.
Use a Take Profit that aligns with your trading strategy.
Avoid moving your Stop Loss further away simply to keep a losing trade open.
Always manage your risk in accordance with your Evaluation Program’s Trading Rules.
Important
Stop Loss and Take Profit orders are executed based on market conditions.
Rapid market movements may affect the exact execution price.
You’re responsible for managing your trades and complying with all applicable Trading Rules.
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