- Log into the cTrader platform and ensure that your account has sufficient funds.
- You can set a stop loss and take profit either at the time of opening a trade or after.
- To set these levels when opening a trade, check the boxes for Stop Loss and Take Profit in the New Order window. These checkboxes are located under the volume settings for the order.
- Checking these boxes will display options for setting the stop loss and take profit levels. You can set these levels in pips, price, balance, or profit.
- To set these levels on an already open trade, locate the Positions window. Double-click on the order or right-click and select “Modify Position”.
- A window will appear where you can modify your order with a stop loss and take profit. Check the boxes for stop loss and take profit as before, and set the levels using the same parameters. Then click “Protect” to confirm the changes.
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