How do I use Stop Loss and Take Profit?

Trading Game allows you to manage your risk and secure your winnings automatically using pending exit orders.

Stop Loss (SL)

A Stop Loss order automatically closes your trade if the price moves against you and reaches a specific level.

• Purpose: Limits your potential loss on a trade.
• How it works: If you buy a stock at $100 and set a Stop Loss at $90, the app will automatically sell the stock if the price drops to $90, preventing further losses.

Take Profit (TP)

A Take Profit order automatically closes your trade when the price reaches your target profit level.

• Purpose: Locks in your profits before the market can reverse.
• How it works: If you buy a stock at $100 and set a Take Profit at $120, the app will automatically sell the stock when it hits $120, securing your gain.

How to Set Orders

You can set these orders when you open a trade or add them to an existing open position:

1. During Entry: Before tapping the Buy or Sell button, look for the "Stop Loss" and "Take Profit" fields (or "+" buttons) in the trade window.
2. After Entry: Go to your Portfolio, tap on an open position, and select "Edit" or "Modify" to set your SL and TP levels.