Chart 360 Web has created a simple step by step process for traders to place Stop Loss (SL) and Target (TG) orders in order to effectively manage risk and capture profit.

Here are 7 simple steps to follow:

Step 1: Click on the settings icon to open the order panel to customize your trade details.

Step 2: Click on +SL to add a Stop Loss or +TG to add a Target price to your order.

Step 3: Enter or drag your Stop Loss price, which is the price point to exit your position automatically to minimize losses.

Step 4: Input or move your Target price, indicating the price level where you would like to take profits from the trade.

Step 5: Review all the order information to verify that your Stop Loss and Target levels reflect your desired trading strategy.

Step 6: Click ‘Buy’ to submit the order, including your Stop Loss and Target.

Step 7: You can also add or update your Stop Loss or Target orders later from the ‘Orders’ tab by selecting the order and clicking ‘Modify’.