Why should you use take Profit and Stop Loss?
When trading, it’s just as important to protect your profits and limit your losses as it is to open a good position. That’s why Libertex offers two essential tools:
Take Profit – to lock in gains when the price reaches your target
Stop Loss – to limit your losses if the market moves against you
These are automated orders that close your trade once the price hits your chosen level. That way, you don’t need to monitor the market 24/7.
When can you set these levels?
You have two options:
When opening a trade
Any time after opening it
How to set limits when opening a trade?
Just follow these simple steps:
Open the "Open Trade" window on the platform or app.
Click on "Profit and Loss Limits".
Enter the values you want for:
Stop Loss
Take Profit
Choose the trade direction (Buy or Sell).
Click the appropriate button to open your position.
✅ Done! Your trade will now close automatically based on those limits.
How to adjust limits after opening a trade?
Already opened a position and want to add or change your Take Profit or Stop Loss? Here's how:
Go to your Libertex account.
Open the "My Trades" section.
Select the trade you want to update.
A dialog box will appear:
Enter your desired Take Profit and/or Stop Loss values.
Click "Save" to apply the changes.
📌 Pro tip: You can update these values at any time while the trade is open.
Why are these limits so important?
Protect yourself from bigger losses if the market goes against you
Secure profits automatically when your goal is reached
Trade with peace of mind without having to watch the screen constantly
✅ Quick summary
Tool | What It Does | When to Use It |
🔴 Stop Loss | Closes the trade at your maximum loss limit | When opening or during the trade |
🟢 Take Profit | Closes the trade at your profit target | When opening or during the trade |