Take Profit Order: A Take Profit Order allows traders to set a minimum profit level for a trade. Both Limit and Take Profit prices must be chosen, but execution is not guaranteed.

Similar to Stop Loss Orders, Take Profit Orders liquidate assets at a specified price level.

Before Starting:

• You need to create an account and complete verification.

Getting Started:

1. Visit the Metal X website and connect your WebAuth Wallet.
2. Select your trading pairs (e.g., XPR/XUSDC).
3. Click the "TAKE PROFIT" tab to start your order.
   1. BUY: For a BUY order, stay on the left window.
      • You will buy more of asset "A" by selling asset "B" if the TRIGGER PRICE exceeds a specified amount above the PRICE.
        1. Enter the value of asset "B" for the PRICE.
        2. Enter a value higher than the PRICE for the TRIGGER PRICE.
        3. Enter the amount of asset "A" you want to buy once asset "B" exceeds the PRICE.
           • The "Total" shows how much of asset "B" will be sold for asset "A".
        4. Click "Buy ____" to authorize the transaction from your WebAuth Wallet.
   2. SELL: For a SELL order, stay on the right window.
      • You will sell asset "A" for asset "B" if the TRIGGER PRICE exceeds a specified amount above the PRICE.
        1. Enter the price of asset "B" for the PRICE.
        2. Enter a value higher than the PRICE for the TRIGGER PRICE.
        3. Enter the amount of asset "A" you want to sell once asset "B" exceeds the PRICE.
           1. The "Total" shows how much of asset "A" will be sold for asset "B".
        4. Click "Sell ____" to authorize the transaction from your WebAuth Wallet.

You've successfully initiated a Take Profit Order! Check it under the "Open Orders" tab. You can cancel anytime in the "Actions" section.

Note: The order completes only when the PRICE reaches the TRIGGER PRICE.

Additional Resources

Learn how to place the following orders on Metal X:

• Market Order
• Limit Order
• Stop Loss Order