Limits on trades (market or pending) that cause them to be automatically closed at a minimal loss or an anticipated gain are known as stop loss (SL) and take profit (TP). To set up your chosen SL and TP for an active order, right-click on the order in the Trade tab and choose modify or delete. These levels can be changed to different values at a later time once they are configured. Pending orders that have already been scheduled are subject to the same rules.