Are there any restrictions on setting a Take-Profit or a Stop Loss?
1. The Stop Loss price must be set between the position's liquidation price and the current last traded price.
2. Take Profit price must be set better than the current market price
3. If the trader is currently holding a position, when you submit an additional new order, the Take Profit/Stop Loss in the popup window will not appear. This is because the take profit and Stop Loss function preset all positions to Take Profit/Stop Loss according to your current position's. Therefore, in order to avoid multiple different Take Profit/Stop Loss price settings, when a new order is submitted again when there is an existing position, the system will not allow the user to set another Take Profit/Stop Loss prices in the confirmation popup window. The user may however change/set in the position area.
What happens if I submit multiple orders with a Take Profit or a Stop Loss?
The system will use the Take Profit/Stop Loss price that was set by the initial executed order as the Take Profit and Stop Loss price for the position, and the Take Profit and Stop Loss price preset for subsequent orders will become invalid.