How do I set stop loss and take profit orders on Raseed?
Setting stop loss and take profit orders on Raseed is designed to be simple, intuitive, and accessible for both beginners and experienced traders.
Steps to Set Stop Loss & Take Profit:
- •Open the Raseed app
- •Select the asset you want to trade (stocks or crypto)
- •Tap Trade, then choose Sell
- •Open the Market Price field
- •Select the order type: Stop Loss Price, or Take Profit
- •Set your target price: to limit potential losses, or to lock in your profits
- •Enter the quantity
- •Review your order details
- •Tap Confirm to place the order
Once the trade is placed, the system automatically monitors price movements and executes your order when either level is reached.
To improve accuracy, traders often use advanced market data tools before setting these levels. For example, analyzing price trends, support/resistance zones, and liquidity can help in choosing better entry and exit points.