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Investment
Take-Profit Order
An order that automatically sells your stock when it reaches a target profit price.
Take-profit orders help you stick to your plan instead of hoping the price will keep rising forever. Many successful traders use both stop-loss and take-profit orders together to manage every trade automatically.
It's like setting an alarm that rings when you’ve made enough money so you don’t get greedy and lose it again.
Real world: You buy a stock at £20 and set a take-profit order at £28. When the price hits £28 your shares are sold automatically and you lock in the £8 profit per share.
💡 Take-profit orders turn paper gains into real money before the market can take them back.