How to Set Take Profit and Stop Loss Orders

A limit order means that once your take profit or stop loss price is triggered, your limit order will be immediately placed in the order book. A market take profit/stop loss order refers to an order that, once the set market take profit/stop loss price is triggered, will become effective as a market order and be executed immediately. (1) Before setting a take profit/stop loss order, you must ensure that you have selected the correct trigger price. The default stop loss price for take profit/stop loss orders is the "last price". You can choose either the "last price" or the "mark price" as the trigger price for your market take profit/stop loss order. (2) After confirming the trigger price and order price, click "Buy/Long" or "Sell/Short".