The most common Take Profit: when the price rises to or above the price you set, the system closes the transaction. For example:
- You buy 1 ETH for $100 and set Take Profit of +10%, at $110;
- You select a convenient Price follow method — see which method to choose here;
- ETH trades at around $100 for a while but then begins to rise. At one point, the price reaches $110 and the system sells your ETH on the market.
Take Profit ensures you do not miss a profit at times when you can’t closely watch your trades.