2. Take profit (take profit/take profit), also called take profit. -is to ship at your target price, and stop loss is to ship at a price at which you can bear risks and losses. The concept of take profit should be closed when it is good and should not be maximized. The center of thought is a "stop", thought determines action, and the methods of stock trading are essentially different.
Extended data
1. Professionals often use the crocodile principle to explain the importance of stop loss. The original intention of the crocodile principle is: suppose a crocodile bites your foot. If you try to get rid of your feet with your hands, crocodiles will bite your feet and hands at the same time. The more you struggle, the more you get bitten. So, in case a crocodile bites your foot, your only chance is to sacrifice one foot. In the stock market, the crocodile principle is: when you find that your trading deviates from the direction of the market, you must stop immediately, without any delay or luck. Crocodiles eat people sounds cruel, but the stock market is actually a cruel place, and people are swallowed up or disappeared by it every day.
2. The concept of profit-taking is widely used in many investment fields. For example, when your stock reaches a certain price and is profitable, you plan to leave and close your position. At this time, leaving is profit-taking; For example, in the futures field, whether you are a long or short trader in the market, as long as you feel that you can make a profit when it is beneficial to your trading direction, then your departure is also a take profit; Similarly, in foreign exchange, commodities and other commercial fields, profit-making departure can also be called profit-making departure.
Refer to Baidu Encyclopedia-Take Profit