As there is STOP LOSS in trading, is there anything as STOP PROFIT

[Fire_man]

I have been recently following someone online who has been making a lot of money through trading, and that has made me developed more interest in it. So i came to a decision to learn at least a little about trading myself by making series of researches about it and probably hope to partake and starts trading in the future. During my researches, I came across a very interesting word " STOP LOSS" which I found very interesting and decided to know more about. I guessed even before making the research what it might means and after my research found out that my guess was not totally wrong.

There is something that am still not cleared about on  STOP LOSS and also have some things to ask of with the traders here, I need the experts opinions and explanations on the below questions please;

Is it possible for a STOP LOSS set to fail to withdraw when it reaches the amount set?
Is there anything as STOP PROFIT in trading that can be set to automatically withdraw investment when profits reaches a particular point where it's set to stop?

[Tungbulu]

The same way are scared that we might lose all our portfolio and decide to activate the STOP LOSS, same way that we can equally decide to lock in some good profits, but it’s not STOP PROFIT. We have STOP LOSS (SL) and also TAKE PROFIT (TP). So it’s not STOP PROFIT but rather TAKE PROFIT.
I believe you should’ve at least came across something like that in the course of your research. But just incase you didn’t, well now you know that everything does have an opposite    

[Tetu100]

Is quite overwhelming how you fell so much in love with trading just at your very start as a newbie. Well, maybe that is what you want and you are in title to your opinion. But if I may suggest, that is not the best way to hold Bitcoin or deal with bitcoin. I don't know, but I think holding it for a long time is way more better that trading it. However, trading it is very risky and you stand a higher chances of losing your asset just for short-term or temporary gains. Moreover, trading is something I dislike and there is no way I can give advice in that regard. Perhaps, you can move it to trading discussions definitely not here.

[Jubilee58]

The same way are scared that we might lose all our portfolio and decide to activate the STOP LOSS, same way that we can equally decide to lock in some good profits, but it’s not STOP PROFIT. We have STOP LOSS (SL) and also TAKE PROFIT (TP). So it’s not STOP PROFIT but rather TAKE PROFIT.
I believe you should’ve at least came across something like that in the course of your research. But just incase you didn’t, well now you know that everything does have an opposite    

In cryptocurrency trading stop loss, (SL) and take profit (TP) features are two opposite trading tools that work together, as you set up your stop loss, you also set up take profit. These trading tools are incorporated to enable cryptocurrency traders properly manage or control the risk involved in cryptocurrency trading.
This stop (SL) and take profit ( TP) tools are automated , though you set them manually, but the trade execution is automatic and works based on your instructions. As a trader, this aspect requires certain level of professionalism before you can make profit, greed has to be avoided because setting this trading tools properly will help you minimize losses, and as well as maximize your profit.

Furthermore, this trading tools stop loss (SL) and (TP) reduces the time spent in trading because once you are able to set them, you no longer need to remain online trading rather you can only be checking from time to time to see how your trading is going, weather the system you have chosen is going well or not . When your trading set up is okey, you can leave it there , but when you discover your trading set up is not going as expected there is always need to change your trading set up to a more favourable one.

[Tungbulu]

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Nice lecture. But I think I pretty much have a good understanding of what the SL and TP features are as well as what it does. I think the whole lecture would’ve been more useful if you had quoted the OP, he’s the one seeking for more knowledge on trading and the TP and SL topic.

[Barikui1]

The same way are scared that we might lose all our portfolio and decide to activate the STOP LOSS, same way that we can equally decide to lock in some good profits, but it’s not STOP PROFIT. We have STOP LOSS (SL) and also TAKE PROFIT (TP). So it’s not STOP PROFIT but rather TAKE PROFIT.
I believe you should’ve at least came across something like that in the course of your research. But just incase you didn’t, well now you know that everything does have an opposite    

Am really surprised that in this 2026 that we are now, someone is still asking such an obvious question, because if he can  know what is stop loss and how it works, then he should be knowing that the opposite of it is take profit, which is a placed order for the market mechanism to take you out when a certain threshold of profit is met. Some traders don't make use of stop loss because it's not necessary once they trade with a margin they can afford to lose, but that's another method of risk management strategy though.

[Charles-Tim]

Is it possible for a STOP LOSS set to fail to withdraw when it reaches the amount set?

Did you mean if stop loss can fail to trigger when the stop loss price is reached? Yes, but it is not common. It happened when the crypto market is extremely volatile.

Is there anything as STOP PROFIT in trading that can be set to automatically withdraw investment when profits reaches a particular point where it's set to stop?

On the trading page on each exchange, you will see SL/TP. The one you asked about is TP which is take profit. I can see people have posted about it above.

But exchanges have another one which is called 'close'. But it has to be in limit order because it will fill immediately if it is in market order. You can see it when trading in the derivatives markets.

You can see what I mean below:

[7juju]

Is it possible for a STOP LOSS set to fail to withdraw when it reaches the amount set?

No it’s not possible, when you set up your stop loss target properly it will trigger once the trade get to that level that you set as the stop loss. When setting your stop loss, make sure you everything is in order, and you confirm it before you exit the exchange. Provided that everything is in order it will execute once the market get to that range.

Is there anything as STOP PROFIT in trading that can be set to automatically withdraw investment when profits reaches a particular point where it's set to stop?

Yes there is something like that, but your choice of terms is not what is used in the crypto industry. What you are referring to as stop profit, is professionally known as “Take profit” same way you set up your stop loss, is the same way you set up your take profit.

[Nasdel4]

Stop loss(SL) is a crucial part of a good setup to minimise your loss if it happens to go in the opposite direction you predicted without taking out the entire account. The opposite of this is not Stop Profit but Take Profit (TP) which is also another important part of a good setup when placing a trade. This settings are automated to close the trade when price hits either positions with or without any action taken by you. No matter how professional you get, always use STOP LOSS(SL), this has saved a lot of traders from blowing their account probably when they get distracted from the ongoing trade because you don't know the exact time your trade might move in any direction depending on how volatile the pair you're trading is.

[Tungbulu]

Am really surprised that in this 2026 that we are now, someone is still asking such an obvious question, because if he can  know what is stop loss and how it works, then he should be knowing that the opposite of it is take profit, which is a placed order for the market mechanism to take you out when a certain threshold of profit is met. Some traders don't make use of stop loss because it's not necessary once they trade with a margin they can afford to lose, but that's another method of risk management strategy though.

You don’t need to be Mate, the guy said he’s still new in this, and he’s not even a trader yet, still doing his research before getting started (as he should) and I believe this thread happens to be one of those research, so it’s really not a big deal for a complete newbie to ask these type of trading technical and practical questions. Moreover there are people who don’t even have any idea or knowledge about crypto or trading, especially those who are were only watching from afar and just recently got the interest to get involved.

[Futurexxx]

You don’t need to be Mate, the guy said he’s still new in this, and he’s not even a trader yet, still doing his research before getting started (as he should) and I believe this thread happens to be one of those research, so it’s really not a big deal for a complete newbie to ask these type of trading technical and practical questions. Moreover there are people who don’t even have any idea or knowledge about crypto or trading, especially those who are were only watching from afar and just recently got the interest to get involved.

See eh, as trader wey I be, I dy talk from experience when I say this guy surpose don know about take profit if him know about stop loss, because the teaching dey come together if you dey learn trading from a trading academy or if na person dey teach you. Although no be bad question, or no be bad thing to ask question, but e get some question wey you go ask, people go just tire for you because them go believe say you don suppose know am, since you don sabi one side already, but no wahala sha, nothing spoil.

[Sammysmart001]

Is it possible for a STOP LOSS set to fail to withdraw when it reaches the amount set?

Did you mean if stop loss can fail to trigger when the stop loss price is reached? Yes, but it is not common. It happened when the crypto market is extremely volatile.

This the very part many of our newbies aren’t aware of.

Yes e get wetin Toh call STOP PROFIT, but in trading it Take Profit (TP) they are calling it. You are to set SL and TP together before you enter trade.

And yes SL can fail small for very volatile market - price fit gap pass your SL or even exchange can have slippage. That why you don’t have to use big leverage and don’t put all your money in one trade.

For me the best advice is to always set SL + TP don’t move SL because of greed and you shouldn’t follow anyone that just showing profit online.

[Antidote47k]

I have been recently following someone online who has been making a lot of money through trading, and that has made me developed more interest in it. So i came to a decision to learn at least a little about trading myself by making series of researches about it and probably hope to partake and starts trading in the future.

Watching someone making money online from trading can generally be misaleading, I just hope you don’t have unrealistic expectations. People online don’t usually post their loses, failed strategies and drawdowns, so you should definitely do extensive research before you go into trading, a lot of factors goes into being a successful trader and I think the part most beginners overlook which is arguably the most important aspect is your mentality and emotional discipline.

If you can’t stomach things and overcome greed, impatience and fear, then you should probably work on that before you start trading, learn proper risk management too and please don’t take this as a form of discouragement, caution is the word I would choose, cause seeing people make a lot of money online from trading can get you excited about it and go into it without proper knowledge or the right mentality.

[Tungbulu]

See eh, as trader wey I be, I dy talk from experience when I say this guy surpose don know about take profit if him know about stop loss, because the teaching dey come together if you dey learn trading from a trading academy or if na person dey teach you. Although no be bad question, or no be bad thing to ask question, but e get some question wey you go ask, people go just tire for you because them go believe say you don suppose know am, since you don sabi one side already, but no wahala sha, nothing spoil.

I understand wetin you dey try talk, but the thing there be say e dey possible say person fit hear something but no really understand am, e fit actually dey possible say yes, them fit don mention am or the e don read am but e never really get that understanding, the reason why you see am say the two of them dey come hand in hand na because you don get that experience for trading, but person wey be complete novice fit confuse for that matter, even though say them don tell am before. So make him ask, and I believe say after this thread, e go get the knowledge and e no go need to ask this kyn practical but basic question again.

[Dareo]

Is it possible for a STOP LOSS set to fail to withdraw when it reaches the amount set?
Is there anything as STOP PROFIT in trading that can be set to automatically withdraw investment when profits reaches a particular point where it's set to stop?

Yes, in most cases the stop loss mechanism operates well, but in case the market experiences a sudden and steep fall, which we call a flash crash, the drop in price may be so rapid that the system fails to find any buyer for selling at the stop loss limit, and thus the loss can go up further without hitting the stop loss. And for your second question, of course this is what we term Take Profit in the term of trading. Just like you use stop loss to minimize your losses, you can use take profit to automatically sell the trade at a certain level of profit.

[Showlove01]

Is quite overwhelming how you fell so much in love with trading just at your very start as a newbie. Well, maybe that is what you want and you are in title to your opinion. But if I may suggest, that is not the best way to hold Bitcoin or deal with bitcoin. I don't know, but I think holding it for a long time is way more better that trading it. However, trading it is very risky and you stand a higher chances of losing your asset just for short-term or temporary gains. Moreover, trading is something I dislike and there is no way I can give advice in that regard. Perhaps, you can move it to trading discussions definitely not here.

Both holding and trading bitcoin has it advantage and disadvantages so, it is left for everyone to chose on the path to follow whether trading or investing. but i think people who trade tends to make money quick than people who invest but note, they can only make this money if their strategy is working otherwise it becomes loss. and the funny truth is that every body does not have all the time in the world to be waiting for their investment till it gets to maturity stage and seeing people making a lot of money in trading will definitely interest someone to join but be ready for the result.