Invest Responsibly

Stop Loss (SL) is an order that helps to limit losses and manage the risks of a trade. In fact, it is a straight line that is set at a certain level. If the price goes against you and touches the Stop Loss, it will be triggered and the position will be closed.

Take Profit is an order to automatically lock in your trading profit when the price reaches a predefined level.

You can close a trade at any time by clicking the Close button or wait for the Take Profit level to be triggered.
How to set it: when opening a long position, the take profit should be higher than the current price. When opening a sell position, the take profit should be below the current price. As a rule, it is set 2 times further from the opening price level than Stop Loss.
As soon as the position is closed, your net profit or loss will be immediately reflected in the trading account balance.

Important!
Stop Loss/Take Profit does not guarantee that your position will be closed at the specified price. In case of sharp and intensive market movements, the price may slip past the level you set:

Please note that you can close the trade at any time by clicking the Close button or wait for your SL or Tp to be triggered.

How to set:
When opening a long position, the take profit should be higher than the current price. When opening a sell position, the take profit should be below the current price. As a rule, it is set 2 times further from the opening price level than Stop Loss.

As soon as the position is closed, your net profit or loss will be immediately reflected in the trading account balance.

Open the Economic Calendar at fxpro.com and find news with two or three exclamation marks. At the moment of the actual statistic data publication, it immediately appears in the rightmost column. It also indicates the publication time, the name of the indicator, its description, the previous and predicted value.

This means that approximately 15 minutes before the actual value of the indicator appears in the calendar, very strong unpredictable upward or downward movements may begin on the currency pair chart.

For the Novice traders, the focus may be on the difference between the actual value and the forecast. It is a good starting point to understand the behaviour of the market during the data publication.

Stop Out is a forced automatic closing of all trader's positions if the balance of his trading account falls below the level of protection against margin closing. The behavior of asset prices is difficult to predict, so it is not recommended to leave open positions on Saturday and Sunday. Unless you want to face an unpredictable Stop Out.