[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  VãŁëñŦiñé Prøspër 🔶 [@val_prosper](/creator/twitter/val_prosper) on x 1226 followers Created: 2025-07-10 09:00:28 UTC In perpetual trading, Take Profit (TP) and Stop Loss (SL) orders are fundamental tools for risk management. They are designed to automate exit points for your trades, significantly reducing the impact of emotion and ensuring discipline in volatile markets. Here's a breakdown of their relationship: What are TP and SL? ➡ Stop Loss (SL): An order placed to automatically close a trade when the price moves against your position and reaches a predetermined level. Its primary purpose is to limit potential losses and prevent a small drawdown from turning into a catastrophic one. ➡ Take Profit (TP): An order placed to automatically close a trade when the price moves in your favor and reaches a predetermined level. Its primary purpose is to secure profits and ensure you don't miss out on gains by holding onto a winning trade for too long, especially in volatile markets that can reverse quickly. And soon @symphonyio will be introducing the SL/TP features in their trading platform, which Will help to manage risk, secure Profit and trade smarter 💎. Devs are working underground 💯 gSYMP Yappers 😎 #RiskManagement #TakeProfit #StopLoss #TradingTools #AutomatedTrading #TradeSmart #CryptoTrading @Symp_AI @woryin_Crypto @olamide_420 @Donmarvey1212 @0xakylles @Karenofweb3  XXX engagements  **Related Topics** [asset allocation](/topic/asset-allocation) [Post Link](https://x.com/val_prosper/status/1943233850865521055)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
VãŁëñŦiñé Prøspër 🔶 @val_prosper on x 1226 followers
Created: 2025-07-10 09:00:28 UTC
In perpetual trading, Take Profit (TP) and Stop Loss (SL) orders are fundamental tools for risk management. They are designed to automate exit points for your trades, significantly reducing the impact of emotion and ensuring discipline in volatile markets. Here's a breakdown of their relationship:
What are TP and SL?
➡ Stop Loss (SL): An order placed to automatically close a trade when the price moves against your position and reaches a predetermined level. Its primary purpose is to limit potential losses and prevent a small drawdown from turning into a catastrophic one.
➡ Take Profit (TP): An order placed to automatically close a trade when the price moves in your favor and reaches a predetermined level. Its primary purpose is to secure profits and ensure you don't miss out on gains by holding onto a winning trade for too long, especially in volatile markets that can reverse quickly.
And soon @symphonyio will be introducing the SL/TP features in their trading platform, which Will help to manage risk, secure Profit and trade smarter 💎. Devs are working underground 💯
gSYMP Yappers 😎
#RiskManagement #TakeProfit #StopLoss #TradingTools #AutomatedTrading #TradeSmart #CryptoTrading @Symp_AI @woryin_Crypto @olamide_420 @Donmarvey1212 @0xakylles @Karenofweb3
XXX engagements
Related Topics asset allocation