# Managing Trades: Take-Profit (TP) & Stop-Loss (SL)

## How to Access: 

<figure><img src="/files/IV7wBzvBRmrzlndi44FL" alt=""><figcaption></figcaption></figure>

Click the + TP/SL button or the pencil icon on any row in the Positions tab.&#x20;

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## **Take-Profit (TP)**

<figure><img src="/files/9kiPi2rwYRD91dU8UQqE" alt=""><figcaption></figcaption></figure>
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## **Stop-Loss (SL)**

<figure><img src="/files/WRn0pTK27ikfDTEMx9cF" alt=""><figcaption></figcaption></figure>
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In the TP/SL Modal:

* Set Price: Input the specific price at which you want your Take-Profit or Stop-Loss to trigger.
* Set Size (Slider): Use the slider (0-100%) to determine what fraction of your position should be closed when the trigger price is hit. You can close anywhere from a small portion to the entire position.
* Market vs. Limit Toggle:
  * Market (Default): Guarantees execution. When your trigger price is hit, a market order is sent.
  * Limit: Aims for better pricing. When your trigger price is hit, a limit order is placed at your specified price. Execution is not guaranteed if the market moves away quickly.


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