Trading Guides

What is Stop Loss / Take Profit?

Stop Orders

Stop Loss order allows you to buy or sell once the price of an asset touches a specified price. known as the Stop Price. This allows you to limit your losses or lock in your profits on a long or short position.

Take Profit order triggers a market order (buy or sell) when the last traded price hits the profit price you specify.

How to specify the Stop Price on Bexplus?

-Open a Buy/Sell order

-Click the blank box under the “Stop loss/Take profit”

Set Stop Order

-Type in the Stop Price (You can set both Stop loss/Take profit price at the same time)

Type in Limit Price

-You can change the price as long as the order has not been triggered yet

Stop Profit and Stop Loss

Although you set Stop Price, you can manually close the order anytime you want.