Risk & exits
Cap the loss on every trade and lock in gains — stops, targets, trailing, and structural exits.
Stops & targets
A stop-loss is the price where you give up on a trade to cap the loss; a take-profit is where you bank the win. Take-profit can be a fixed percent (e.g. +6%) or an R-multiple — a multiple of your stop distance, so a 2% stop with a 3R target aims for +6% (a 1:3 risk-to-reward). R-multiples keep reward scaled to the risk you actually take.
Trailing stop & break-even
A trailing stop follows price as the trade moves in your favour and never moves backward, locking in gains once you're ahead. Break-even moves the stop to your entry price once the trade is a set percent in profit, so a winner can no longer turn into a loss.
Structural stops
Instead of a flat percent, anchor the stop where the trade idea is actually invalidated: the signal candle, the extreme of the last N bars, an ATR multiple, the nearest swing, or an indicator level. Guards keep them safe — a max stop distance caps how far the stop may sit, On-wide chooses allow / skip / clamp, and On-invalid falls back to a flat percent when the structure can't be computed.
Ladders & cooldown
A take-profit ladder closes the position in pieces at rising targets, banking profit while letting the rest run. A cooldown makes the strategy wait N bars after an exit before re-entering, guarding against whipsaw right after a stop-out. Scaling in and pyramiding are covered under Smart orders in the studio.
Rolling out
Newer exit tools are arriving: a fixed-amount stop (set in price, not percent), an ATR ratcheting trailing stop that only tightens, a time-based break-even that arms after N bars, and a candle-close trigger that ignores intrabar wicks. They appear in the editor as they reach your account.