TP/SL (take profit and stop loss)

TP/SL is a take profit and a stop loss attached to a position, closing it at a target or a limit you set at entry. Writing both before the click is the discipline, and a stop still fills at market in a gap.

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In the help centreLearn what a perpetual contract is on Mochatrade
  • Reduce-only orderA reduce-only order can only shrink or close an existing position, never open or flip one, so a closing order cannot…
  • Liquidation priceThe liquidation price is where the venue closes your leveraged position, computed from entry, leverage and margin…
  • ROE (return on equity in trading)ROE in trading is your profit or loss as a percent of the margin you posted, not of the position. At 10x a 1% move is…
  • Maker and taker feesA maker fee is charged when your order rests on the book and adds liquidity; a taker fee when it fills against a…
  • Take-profit orderA take-profit order closes a position automatically when the price reaches your target, usually as a limit order so…
  • Market orderA market order buys or sells immediately at the best price available. It always fills, but at the ask if you buy and…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

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