Take Profit definition
Take Profit means offer to close a Transaction in an FX and CFD position at a price determined in advance by you which, in the case of a Buy is higher than the opening Transaction price and in the case of a Sell is lower than the opening Transaction price.
Take Profit expects to close a previously opened position at a quote more profitable for the Client than the current quote at the moment of an order placement;
Take Profit order with a level in the price gap is executed at the stated in the order quote;
Examples of Take Profit in a sentence
Stop Loss and Take Profit Orders may be changed even if the trade was placed in the market as long as they are higher in distance than a specific level (depending on the trading symbol).
More Definitions of Take Profit
Take Profit means an instruction that is attached to a pending order for securing profit;
Take Profit is an Order to close an Open Position once it reaches a certain level of profit or better predefined by the client.
Take Profit means any pending order that is attached to an open position or another pending order for closing the position, usually with a profit;
Take Profit means a Client’s pending order to close out the position and is executed when the position has reached the price level indicated in the order. Take Profit orders are used to lock in profits in the event that the rate moves in the position favorable for the Client;
Take Profit means an instruction that is attached to an instant execution or Pending order for securing profit
Take Profit means an instruction that is attached to a pending order or market order for realizing profits.
Take Profit means an instruction that is attached to a pending order or market order for realizing profits “Trailing Stop” in CFD trading shall mean a stop-loss order set at a percentage level below the market price - for a long position. The trailing stop price is adjusted as the price fluctuates. A sell trailing stop order sets the stop price at a fixed amount above the market price with an attached "trailing" amount. As the market price falls, the stop price falls by the trail amount, but if the pair price falls, the stop loss price doesn't change, and a market order is submitted when the stop price is hit.