Please be aware that when Take Profit is set on a long position, it’s placed above the prevailing market price.

As a result, if you place a Take Profit order after you open a position when it is already making a loss, the take profit will act as a stop loss and your position will be closed with a loss.

To avoid such mistakes, you may also check the price charts where you can see the lines of current price, take profit position and the price where the position was opened.

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