Whitesnake
Corporal
- Messages
- 428
True, setting up the take profit once will be helpful irrespective of being in the trading platform or not. If the market prices reach that level certainly the TP or SL will be triggered. It is an essential part of money and risk management.
I used to use it in the initial stages of trading. But now with experience to a certain extent i do place SL with BE or at some profit level which i feel is ideal to reap from the market, so that maximum profit can be taken from that particular trade.