How do I set a stop loss and a take profit?

Trade › the order ticket › Take profit / Stop loss

Switch on Take profit / Stop loss in the order ticket. Two price fields appear, each with quick percentage buttons, and the ticket shows the resulting Reward : Risk. Both exits are sent with the order, so the position is protected from the first fill. On an open position, the same exits can be added or changed from the Positions tab.

Step by step

1. Open the toggleTake profit / Stop loss sits under the size fields.
2. Take profit priceType a price or tap a percentage above the entry.
3. Stop loss priceType a price or tap a percentage below the entry. The ticket warns if the stop is on the wrong side.
4. Check Reward : RiskThe ratio updates as you type. It is the distance to the target divided by the distance to the stop.

Good to know

• With Risk-based sizing (auto) on, the stop distance is what sets the size, so decide the stop first.