> For the complete documentation index, see [llms.txt](https://docs.position.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.position.exchange/products/trading-protocol/beginners-guide/set-tp-sl.md).

# Set TP/SL

**Step 1:** Click on the icon “Set TP/SL”

<figure><img src="/files/6Oy7QxIBKc27AwCDhNaB" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/c58FAHi8boySQR6p6kf7" alt=""><figcaption></figcaption></figure>

**Step 2:** Enter Take Profit price

* Manually enter your desired Take Profit or click “Last” button to automatically fill market price &#x20;
* **Note:**&#x20;
  * When Market Price reaches Take profit price, it will trigger Take profit market order to close this position.
  * If TP of position Long is greater than market price, order would immediately trigger. Please try again with Take Profit greater than current price.
  * If TP of position Short is greater than market price, order would immediately trigger. Please try again with Take Profit less than current price.

<figure><img src="/files/1Y55Q5AXMiFg1UvpscAe" alt=""><figcaption></figcaption></figure>

**Step 3:** Enter Stop Loss price

* Manually enter your desired Stop Loss or click “Last” button to automatically fill market price&#x20;
* **Note:**&#x20;
  * When Market Price reaches Stop Loss price, it will trigger Stop loss market order to close this position.
  * If SL of position Long is greater than current price, order would immediately trigger. Please try again with Stop Loss less than current price.
  * If SL of position Short is greater than current price, order would immediately trigger. Please try again with Stop Loss greater than current price.

<figure><img src="/files/D8zahdkTKZhWEcH1zuFi" alt=""><figcaption></figcaption></figure>

**Step 4:** Click Confirm&#x20;

<figure><img src="/files/rKaIUkZihKCqubqENKVA" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/Wm5c6CW9LZnHuVbt37Mw" alt=""><figcaption></figcaption></figure>


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