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Traders Glossary

Take Profit

A resting order to close a position at a predefined profit level. Removes the temptation to hold a winner too long.

WellingtonCDFS Editorial August 3, 2026 1 min read

Take Profit

A resting order to close a position at a predefined profit level. Removes the temptation to hold a winner too long.

Related Terms

Explore the rest of the Traders Glossary for definitions of adjacent concepts.