Take Profit Order: What Is It and How to Use It ☝️

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What is a Take Profit Order. What is a 'Take Profit Order and How to Use It'? How to Place a Take Profit order? This is a very valuable order for active traders. This is the price where you want to lock in profits on a trade. If you're long on a market and the market moves up and goes back down your profits are gone. A suitable 'Take Profit' order ensures that you will be automatically taken out at a profit if the market moves in the direction of your trade. OK.

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