high end boutique jewelry wholesale What does it mean that transaction comments S/L and T/P in foreign exchange trading platform MT4 mean?

decorative jewelry boxes wholesale 1. The transaction annotation S/L in the MT4 of the foreign exchange trading platform is the setting of the stop loss point, that is, the maximum loss allowed to bear the position of the stock market trading position. Once the loss is reached, the trader must close or reduce the position to prevent the losses from expanding.
2, the transaction annotation T/P in the foreign exchange trading platform MT4 is the setting point of the setting, that is, when the stock price rises a few percent or rises to a certain price, the position is reduced. The price of the liquidation is called the "stop profit point". The setting of the stop profit point needs to be aimed at the trend and direction of the market. It should be set up immediately, which is a mature manifestation.