Categories
FAQS

WHAT DOES TP AND SL MEAN?

WHAT DOES TP AND SL MEAN?

TP means ‘take profit’, and SL means ‘stop loss.’  Take profit is the target price you set for your trade to exit once it reaches the set price. Stop loss is the safety net you set for your trade to exit if it reaches a point of invalidation to limit your loss. 

Leave a Reply

Your email address will not be published. Required fields are marked *