Manage your risk

Learn how to potentially protect gains and limit losses

Stop Loss &
Take Profit

A Stop Loss order allows you to set a price level at which a position will automatically close to limit potential losses. Conversely, a Take Profit order may help lock in gains by closing a position once a specified profit level is reached.

These orders can be applied when opening a new position or modifying an existing one. However, execution at the exact price is not guaranteed due to Slippage—if the market moves rapidly or gaps past the specified price, the position will close at the next available price.

Example:

If an E-mini S&P 500 Futures contract is trading at 4400/4402 (Sell/Buy), and you open a Buy position at 4402 with a Stop Loss at 4380, the position will close automatically if the price drops to 4380. However, if the market gaps down from 4402 to 4370, the order will execute at 4370, reflecting Slippage.

Key Features

Predefined exit points for trades.
Helps secure gains and limit losses.
Simple to set, easy to adjust.

Trailing Stop

Unlike a Stop Loss, which stays fixed, a Trailing Stop “trails” your position at the level you set, adjusting as the market moves in your favor but staying in place if the market moves against you. If the market moves to the Trailing Stop level, a Market Order to close your position will trigger, helping to protect your gains or limit further losses. Trailing Stop is subject to Slippage.

Example:

If you buy an E-mini Dow Jones Futures contract at 34,500 and set a Trailing Stop level of 50.00, the Stop Loss will initially be at 34,450. If the price rises to 34,600, the Stop Loss automatically adjusts to 34,550. If the price then declines and reaches the Trailing Stop level you set, the position closes at that level, preventing further loss.