> For the complete documentation index, see [llms.txt](https://wiki-en-macos.tiger.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki-en-macos.tiger.trade/features/application-interface/preferences/auto-stop-loss-and-take-profit.md).

# Auto Stop loss and Take profit

Automatic stop-loss in a trading terminal is a function that allows traders to automatically set a stop-loss level for their position without the need for constant market monitoring. It is an important risk management tool that helps minimize losses in the event of adverse price movements.

Automatic take-profit (Take Profit) in a trading terminal is a function that allows a trader to automatically set a price level at which a position will be automatically closed to lock in profits. This helps the trader protect their profit and avoid losses in the event of adverse market developments.

<figure><img src="/files/NuMP9epxf3mshPGWk00z" alt=""><figcaption></figcaption></figure>


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