Take Profit
A take profit is a predefined price level at which a trade is automatically closed to lock in gains. Take profits define the target reward of a trade and are used alongside stop losses to establish risk-reward ratios.
Why it matters for traders
Take profits ensure you capture gains when your thesis plays out. Without a take profit target, many traders give back profits by holding too long. They also define the R:R ratio before entry, enabling disciplined trade selection.
How Tradapt tracks this
Log your planned take profit levels with each trade in Tradapt. The AI Coach can identify if you're consistently cutting winners short of your target — a common pattern that erodes expectancy over time.
Track this free in TradaptFrequently asked questions
Should I always use a take profit?
Having a planned target before entering a trade is best practice. Some traders use partial targets and trail remaining position — which you can track in Tradapt by logging the exit as two separate trades.