Step 15. How to Set and Manage a Stop-Loss in Trading

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Set a stop-loss on an open trade, drag it to the risk you accept, move it into profit as the trade works, and remove it if needed. Desktop first, then mobile.

Setting a Stop-Loss on Desktop 0:12

  • Hover over your open position and click the stop-loss (SL) tool.

Adjusting the Stop-Loss Risk 0:31

  • Click and hold the stop-loss line to drag it.
  • The risk amount shows to the left of the cursor.
  • Set it at the loss you are willing to take.

Moving the Stop-Loss to Protect Your Position 1:30

  • If price moves in your favor, drag the stop-loss up to cut risk.
  • Once price is past your entry, move the stop-loss into profit.

Setting a Stop-Loss on Mobile 2:07

  • Tap your position size to open the stop-loss option.
  • Hold and drag the stop-loss square to your risk level.

Modifying the Stop-Loss on Mobile 2:58

  • Drag the square to change the risk amount.
  • Release to confirm.

Moving Stop-Loss into Profit on Mobile 3:38

  • Tap the current stop-loss amount to get the square.
  • Drag it into profit.

Removing the Stop-Loss 4:06

  • Click the X on desktop or tap the X on mobile to remove the stop-loss.