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What Are “Take-profit Order” and “Stop-loss Order”?

2018/10/26 06:03:33

Take- profit order:

A take-profit order helps investors lock in profits. After you preset a take-profit order, if the market price reaches the trigger price you set, the take-profit order will become a market order, and you can trade with the optimal market price available at that time.

* Investors are likely to gain lager profits than normal.


Stop-loss order:

A stop-loss order helps investors reduce damage. After you preset a stop-loss order, if the market price reaches the trigger price you set, the stop-loss order will become a market order, and you can trade with the optimal market price available at that time.

Note: attention, any orders (including take-profit and stop-loss orders) possibly fail to be executed at the preset price due to market fluctuation and gap. Under such circumstance, the orders will be executed at the next most favorable market price. Besides, within the trading time and before orders are executed, investors can freely change or cancel all sorts of orders in line with Bexplus’ requirements of setting orders.

* Bexplus is entitled to instantly change settings because of market fluctuations without further notice.


The term of validity of take-profit and stop-loss orders:

Clients are allowed to change the settings of take-profit and stop-loss orders at any time before they are triggered.

The settings of take-profit and stop-loss orders are valid until they are triggered or canceled by clients.


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