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What is "take-profit" & "stop-loss"?
Take-profit is to start reducing the position when the gain reaches or exceeds your psychological expectation. In this way, you can control your profits to a certain level and maximize your profit.
Stop-loss refers to the actual cut-off when the loss reaches a predetermined amount, in order to avoid the formation of a larger loss. The purpose is to limit losses to a small amount in case of investment mistakes.