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Learn how a take-profit order helps traders lock in gains by automatically selling at a target price. Discover strategies for using TP effectively alongside stop-loss orders.
So, make sure to use take profit orders. Don't let a profitable trade become a losing trade as you wait for that last $5.00 of profit.
The idealised view of trading is that it provides a quick way to get rich, but in reality, successful traders put in a great deal of hard work – anyone who thinks playing the market is easy will ...