# Take Profit/Stop Loss Triggers (Closing a position)

When you check the TP/SL box, you'll encounter the following screen:

![](https://lh7-us.googleusercontent.com/VP0ETdHEKlzXlVNx33Uj_78RKJD2k180w2IncyMx17itR4VUlY9XRcKzmDQQQD0jeQ22W2E-9X-jHJkkaVdKhUFhwhKi2BM_nBO0pBRQVeZF6CmCHRamiBUsu4VwL-S6OZw-9u_G6ocDUQbSBex_Z_Q)

Choose the price at which you want to automatically take profit or close a position to prevent further losses. If calculating the exact desired price is challenging, you can simply input the percentage change (ROI) you’d like!

The other conventional way to close a trade in our platform is to the market once it is open.