Take Profit

An exit order that closes a winning position the moment a chosen price level is reached.

A take profitProfitThe gain or loss on a closed position, once spreads, commissions, and swaps are taken out.Click the word to learn more locks in a planned reward without asking you to watch. You set the level when you open the positionPositionA single entry held on the broker account, with a direction, a size, and a current floating result.Click the word to learn more, and the broker handles the exit when price gets there.

On a buy, it sits above the entry. On a sell, below. When price touches it, the broker triggers a market orderMarket OrderAn order that fills immediately at the best available price the broker offers right now.Click the word to learn more and closes you out. SlippageSlippageThe gap between the price you asked for on an order and the price the broker actually filled it at.Click the word to learn more on a take profit usually plays in your favor: by definition, price was moving the right way at the moment of trigger, so the fill tends to land at or near the level, sometimes a hair better.

Pairing every take profit with a stop lossStop LossAn exit order that closes a losing position the moment a chosen price level is hit.Click the word to learn more locks the position into a known shape before it opens. You know what the worst case is. You know what the planned reward is. Whatever the market does between those two levels does not require a decision. The decision is already made.

Javlot transmits both the stop and the target to the broker the moment the order is placed. From there the broker manages the exits on its own, even if your connection drops, even if the platform reboots, even if you are asleep. The setup is the part that needs you. The babysitting is not.

Glossary entries are educational. They describe how a term is commonly used in algorithmic forex trading, including on the Javlot platform. They are not a personalized recommendation and not a forecast. Past performance does not guarantee future results.