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What are Take Profit & Stop Loss orders?
1. Take Profit Order: This order type can help investors seize the profits chance. After the investor presets a take profit order, if the market price reaches the trigger price set by the investor, the take profit order will become a market order and will be executed at the best market price that can be executed at that time;
2. Stop Loss Order: This order type can help investors reduce losses. After the investor presets a stop loss order, if the market price reaches the trigger price set by the investor, the stop-loss order will become a market order and will be executed at the last market price that can be executed at that time.
Please note that all orders (including take profit, stop loss, etc.) may be affected by gaps due to fluctuations in market conditions, and may not be executed at the predetermined price. In this case, the order will be executed at the next best price in the market. In addition, investors can modify or cancel the preset of various orders at any time during the trading hours before the order is executed, as long as they meet our order preset requirements.
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