Source: https://mochatrade.com/learn/glossary/tp-sl

# TP/SL (take profit and stop loss)
URL: https://mochatrade.com/learn/glossary/tp-sl
Last modified: 2026-10-17

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](https://mochatrade.com/learn/start-here/nvidia-trade-walkthrough) is the discipline, and a stop still [fills at market in a gap](https://mochatrade.com/support/order-types-available-on-mochatrade).

## Related terms

- Reduce-only order: https://mochatrade.com/learn/glossary/reduce-only-order
- Liquidation price: https://mochatrade.com/learn/glossary/liquidation-price
- ROE (return on equity in trading): https://mochatrade.com/learn/glossary/roe
- Maker and taker fees: https://mochatrade.com/learn/glossary/maker-and-taker-fees
- Take-profit order: https://mochatrade.com/learn/glossary/take-profit-order
- Market order: https://mochatrade.com/learn/glossary/market-order

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