
All trading involves risk. Learn to utilise the free tools on Zooe to manage risks effectively regardless of market conditions.
Take Profit & Stop Loss
By setting Take Profit and Stop Loss, you can define your risk and reward in advance, allowing the system to execute your trading plan automatically without the need for constant monitoring.

Example
Assume the current buy price for EUR/USD is 1.04730, and you plan to buy 1 lot. To manage risk and lock in potential profits, you can set the following Take Profit and Stop Loss levels:
Stop Loss:
Set at 1.04200, 53 pips below the entry price.If the market moves against you, the system will automatically close the position at 1.04200, limiting your maximum loss to USD 530.
Take Profit:
Set at 1.05200, 47 pips above the entry price.If the market moves in your favor, the system will automatically close the position at 1.05200, securing a profit of USD 470.
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