In another video about risk management in trading, David focuses our attention on Take Profit orders and setting them at certain levels. Combined with a Stop Loss order this setup lets you trade almost automatically but you can still close or change your position whenever you want to.
Finding the right Take Profit levels is perceived as being easier than identifying Stop Loss ones and hence they don’t get that much attention. But they are definitely as equally as important as the latter. Regardless of what you’re trading, be it Forex pairs, gold, oil or even Bitcoin, taking your profits at the right time can make the difference in your balance at the end of a trading day or week.
At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
Sry is this a reuppload
Hi there. Rest assured, the video is brand new and unique.
You should explain why you chose those numbers for SL and TP. How should you use support / resistance and candle highs and lows to determine your SL / TP? This video shows how to do this using the platform but it doesn’t explain why.
Hi there. Your opinion will be taken into account. You can watch the other video tutorials in the playlist to shed light on your questions: https://www.youtube.com/playlist?list=PL_qZbVTmPuY9yRGLTeGtzXE7HfSABVErj.
Just wanted to ask how do you cash in and take out the money once you have executed a profited sale?
Hi, Anton. You can find details about the deposits and withdrawals at http://www.trading212.com/en/Frequently-asked-questions?cId=3. Should you have any other questions, please feel free to contact the customer care team – http://www.trading212.com/en/Contact.
great video helped loads!
Hi, Bradley. Delighted to know you found the video helpful.
I’ve jus had a thought. In this CFD trading arena, you guys have to pay out people’s profits and make revenue our losses. So it’s in your best interest for us to not consistently beat the market, right? :/
Hi there. The broker profits by the spread, charged upon opening a position.
if I buy 20 bitcoin…how long I can keep it ?is it possible to wait as far as I want and once price rise then I sale it?
Hi there. You can keep your open positions (except for trading futures) as long as you have sufficient free funds in your trading account to maintain them. You can keep your open positions with futures until their expiration date.
do I have to sale before closing market? how I would know the market timing?
You can keep your open positions regardless of the market hours. Please keep in mind the market usually opens with a gap and an interest swap is applied on a daily basis. The market hours are available in the mobile and web app, as well as at http://www.trading212.com/en/Trading-Instruments.
how much minimum I can invest in 212???
Hello. Currently, the minimum deposit amount in a Real Account with Trading 212 is GBP 100, EUR 100 or USD 150. Local currencies are available in certain countries.
Trading 212 all my questions are about real account not about demo.if my real account balance is £100.can I invest all this £100 in bitcoin?or I can’t invest all my balance? if I can invest all £100.then what about if I will go in loss more then £100?my account will be close or what will be happen?
thank u soo much for your time.
Hi there. The Practice Account and the Real Account are the same, except for the virtual money and the Weekend trading mode in the Practice Account. In Forex and CFDs trading you need to supply sufficient free funds in your trading account to maintain your open positions. In case the account’s balance reaches a critical minimum, the open positions will start closing automatically. This is a safety measure called Negative Balance Protection – the potential loss is limited to the amount in the trading account. You can read the materials in the Learning Centre at http://www.trading212.com/en/Get-to-know-FOREX-trading. Check out the other videos in this channel for further information. Contact the customer service team in case of questions: http://www.trading212.com/en/Contact.
Hi I’m from Bangladesh. I like to trading in trading212 but I went to knows more thanks . Plz help me to learning how to do it,
Hi, Shimun. You can follow the tutorial that starts upon opening a Practice Account. Take a look at the Learning Centre at http://www.trading212.com/en/Get-to-know-FOREX-trading. Subscribe to this channel and watch the videos. Should you have any questions, simply refer to the customer service team at http://www.trading212.com/en/Contact. Wishing you successful trading with Trading 212.
is the quantity the same as the size? because I use mita4
Hi, Naser. Quantity refers to the quantity of a certain instrument you open a position with.
Video is called where to place a trade but all we learned is how to place a trade. You need a 50 IQ to know how to place a trade. The title of this video is misleading.
Thanks for the video, but it’s just about using the tool, not how actually to decide what percentage to set for profits and for losses.
Hi there. You can take a look at the following videos:
Where to Place Your Stop Loss Order – https://youtu.be/KQW2x86BH1U
The Disciplined Way To Move Your Stop Loss Order – https://youtu.be/hkKwPn56vm0
3 Tips For Stop Losses – https://youtu.be/nZeavIuaXrA
Moving Your Stop Loss Order – https://youtu.be/UGTtALb0VXs
IG G exactly
What I do is set my profit to 1% and my stop loss to -0.5%, that way I am always risking £1 to gain £2. Hope this helps. 🙂
Thanks sir
That’ll do nicely Sir
Thank you
This time next year rodders
We’ll be millionaires hehheh
this is like gambling
Hallo David
Thanks for the videos placing the profit order.
Just a question how can I manage an order ,or close an order according to a certain period of timeframe,e.g if I want to trade just for one minute time or two minutes time ,how can I proceed.
I found this strategy in an otomatic robot ,but don’t know how to set up the timeframe.
Thanks
Mkl
just speak about the tool
nothing else
stupid
Hi, is it possible to set TP & trailing SL together in an order? Thanks.
Yes, you can assign a Take Profit and a Trailing Stop associated pending orders to an open position on Trading 212.
This Trading 212 platform seems more developed and equipped than so called Meta trader 4 or 5 which I am currently using.
Could we use some popular broker like Instaforex or Exness in this 212 Trading platform sir?
I’m now using a demo account on This platform. But everytime I open a position the market has to go so many points up or down before I make a profit. But in This video he Just started with -£2.00. Pls help me out.
It depends your lot size, in terms of how much your winning or losing. But it will often go down first before up
Hi I planning to buy EUR GBP and want put take profit order to buy with out stop loss will my be safe
Just joined the platform – nice. Is it possible to set it so it only takes half profits, so we can then move the SL to break even. I tried it but could only TP 100% of my position..Thanks
Hi, You have probably either updated your system since this video or you do not have those options on the demo account, I cannot find these options on it.
i agree is that option become available when you open a real account?
Can anyone tell me how to set these on the new setup? I only seem to be able to set one or the other
They completely changed this process from a very simple to a very confusing one. The UI shown in this video was much better than the current one.
Why can’t I find this profit option?