A Take-Profit is a preset order that closes a trade at a target price, locking in the gain. It enforces discipline on exits.
How traders use it
- Set it at a logical level — structure or a measured move.
- It banks profit without needing to watch the screen.
- Pair it with a stop to define the risk-reward.
See it in dtcharts
Test your risk plan risk-free in the dtcharts terminal with paper trading.