TRADING GLOSSARY
Take profit
A take profit is an order that closes a position automatically once the price reaches a set profit level.
EXAMPLE
You sell gold at 4,120 with a take profit at 4,090, aiming to bank a $30 move.
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RELATED TERMS
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure