I have +13+L+MP, trying to trade for +13+L+Ignore Defense
Announcement
Collapse
No announcement yet.
Trading Wings of Storm
Collapse
X
-
What does it mean in trading terms to take profit? It's a pending order that will be filled once the market price hits a particular threshold. In that case, the exchange receives a market order that closes the open position by being directed against it. https://atas.net/trading-preparation...e-and-post-it/ Today, the price varies by around 41.00. At 42.00, you submit your broker a take-profit request. This signifies that a market sell order will be submitted to the exchange tomorrow if the quote hits 42.00. As a result, you will register your profit from this trade, activate a take profit, sell your contracts, and close your position.
Comment
Comment