stop loss

A TP/SL order is not a magic shield, but it forces a trader to define exits, position size and invalidation before leverage magnifies mistakes.

A futures entry is incomplete without an exit plan. Here is how to think about take-profit, stop-loss, bracket and reduce-only settings before using leverage.

Reduce-only, stop-limit and bracket orders are not magic protection, but they can reduce common futures mistakes when traders plan exits before volatility arrives.