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

[Agbamoni]

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.

There are other terminologies in trading, investment, and development that will seem new to you if you don't have experience with it.
Take profit and stop loss are trading terminology. Traders are more familiar with those words. Non-traders are new to it.
I can list out most trading terminology that you don't know unless you look it up in a web browser.
The forum is open to anyone lacking knowledge concerning a certain topic. Rather than hoarding questions, it's better to ask because that's how we learn better.

[yixichloro2xx]

Well since it's your choice to trade I won't force you . But I just want you to know that person that you said is making alot of money online might not be true. Even if he is making, he is also facing losses too that he won't tell you guys about. Reason is because if he was to show you his losses, you guys won't have any interest in watching or subscribing to his videos. Trading can't make you rich overnight and it takes good amount of time, experience, knowledge and big capital to start making money. So you have to make your own personal research before trading. Your question have been answered already it just TAKE PROFIT. But I will still advise you to focus on investing instead of trading, this way you won't face huge losses or blow your account. You don't need hug capital or deep knowledge to start, the little amount of money you have can be use to accumulate Bitcoin and hold for a long period of time. It's more beneficial to hold bitcoin than Trading. Buy it's your choice that determines what you do.

[Odusko]

If your stop lose set time and amount refuse to automatically execute your trade when the risk is high, is definitely going to be the responsibility of the exchange to reenforces the trader his money if loses are incure because of the failure in the system, so the trader gave a clear case against the exchange if they discover such features failure during a trade.

I have never come across such incidents before, and I doubt if this is really happening in real trade because I am active trading and such have never happened with my trade before.

[Churchillvv]

As much as there’s stop loss, there’s definitely take profit so you have to decide where you expect your money to run to when you are in a trade. So you have to have a targeted profit that you expect to make at the end of every trade just as you have a loss you can tolerate.

[AYOBA]

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.

I think this is the one of the reasons why people that has been a while in trading always said that anyone that has interest in trading should try as much they can to get a little knowledge about the trading, so that it can limit their lost whenever they enter the market. But some people think that trading is just like platform where they can come with capital and begin earning profits, trading doesn’t work in that way it’s each each an every traders should try and comprehend the situation of the market.

This stop loss is very important in trading, but out of the 100% of the traders is only few of them that are using the stop, that’s why even those that has been professional in trading lose all the time they enter the trading market.

[Odogwu-Blockchain]

As much as there’s stop loss, there’s definitely take profit so you have to decide where you expect your money to run to when you are in a trade. So you have to have a targeted profit that you expect to make at the end of every trade just as you have a loss you can tolerate.

At first I thought OP doesn't know what he is doing when he mention stop profit, but there a feeling I got when I read this. It means, OP can easily understand trading that some people finds it difficult to understand. Some people finds it difficult to trade Bitcoin as a beginner maybe because they haven't tend to learn and know, what matters to such person is only to long term and hold.

[I_Anime]

Adding to your source of income is good , though you have to be careful when come to trading . That folk that have made tons of money in trading has also lose a lot of money too . So before you going into trading make sure to do your research to see if the risk is something you can tolerate.

As there’s stop loss there’s take profit (TP) . Stop loss is a feature in trading that help with minimizing losses , while take profits help one to secure their profits. Both plays a vital role when come to Riss management. So as trader is good to always make use of both features.

[MainIbem]

I think this is the one of the reasons why people that has been a while in trading always said that anyone that has interest in trading should try as much they can to get a little knowledge about the trading, so that it can limit their lost whenever they enter the market. But some people think that trading is just like platform where they can come with capital and begin earning profits, trading doesn’t work in that way it’s each each an every traders should try and comprehend the situation of the market.

This stop loss is very important in trading, but out of the 100% of the traders is only few of them that are using the stop, that’s why even those that has been professional in trading lose all the time they enter the trading market.

Also why beginners digital currency are advised to start with Bitcoin investment, lose is not left out but Bitcoin recovers with time and if an investor can be patient with holding then the person stands good chances of recovering previous loses but trading would be very tough for beginners and need dip understanding of the market to loses moreover the loses sustained while trading can never be recovered except the person try again and make massive gain by chance, it's way more riskier than most beginners could imagine. Moreover most of them barely know how to use SP and TP to manage loses.

[Gozie51]

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.

You are correct @ Charles-Tim. High volatility can course that to happen. I would even say we might have experienced that earlier this year, maybe around May that there was crypto crash or something that caused some trader's taking there lives because of the loss they encountered, I feel some would have used SL yet, they weren't saved. Again, I think I have witnessed that too in FX when a very high impact news is released like unemployment rate, non farm payroll.

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?

It is called TAKE PROFIT, TP for abbreviation. It doesn't withdraw profit but lock it up for you by closing your trade in profit when it gets to the point you set it. It is very useful and nice to be used because while you are not there present, it helps you take the profit that you have made instead of losing it back to the market. I would say it is the opposite of SL.

There is another feature of TP, it is called trailing stop. It takes profit for you in little little profit or pips as you set it. So, yes there is Take profit.

[Nathrixxx]

You can't stop your profit instead you take your profit

The stop loss or take profit is being effected to make traders maximize their opportunity by taking decision on how to prevent further losses in case the market grow beyond their actual plan or limits, this will give them an avenue to exit the market immediately and SIM applies to when making profit and you think you'd quickly have to take advantage before the market goes the opposite direction and then you also take your profit, you can make all this settings while taking your positions in future trade.