[Latest News] Longbridge Securities Singapore has enhanced its 'Take-Profit and Stop-Loss' feature to provide investors with more flexible and user-friendly tools for managing trading risks.
Market volatility has significantly increased, fueling investors' demand for risk management tools. To address this need for better risk control in stock investing, a new-generation internet brokerage, Longbridge Securities has officially launched a comprehensive upgraded "Take-Profit and Stop-Loss" feature. This enhancement is designed to help investors lock in profits and control risk more effectively, allowing them to confidently navigate market fluctuations and optimize their trading strategies.
What Are Take-Profit and Stop-Loss?
Take-profit and stop-loss are two common risk management strategies in stock trading. These tools help investors protect profits, limit losses, and minimize investment risk. Take-profit triggers the sale of a stock when it reaches a preset price target, securing profits and reducing the risk of losses from potential market pullbacks. Stop-loss, on the other hand, automatically sells holdings if the stock price falls to a certain level, thus limiting potential losses.
For example, an investor who buys a stock at $197 and sets a take-profit target at $270 will have their holdings automatically sold at $270 if the price reaches this level, locking in the profit. Similarly, if they set a 7% stop-loss, the system will automatically sell their holdings if the stock drops by that percentage, protecting their capital and mitigating further losses.
Enhanced Stop-Loss and Take-Profit Features for a More User-Friendly Experience
The newly upgraded take-profit and stop-loss features at Longbridge Securities offer enhanced flexibility and convenience, enabling investors to tailor their risk management strategies better and optimize fund management based on their individual trading approaches and market conditions.
- Faster Order Placement: When placing trades, users can set take-profit and stop-loss instructions directly through the "Attached Orders" feature. Additionally, investors can add or adjust these instructions in the order management interface or the holdings panel after placing a trade, allowing them to make real-time adjustments in response to market movements.
- Simplified Interface: The newly designed interface offers a cleaner and more intuitive experience, enabling users to easily set take-profit and stop-loss parameters. Users can choose to independently set a take-profit or stop-loss order, providing greater flexibility. Once both take-profit and stop-loss orders are configured, the system automatically cancels the remaining order upon the execution of one, freeing investors from constant monitoring. This enhances operational ease and improves investment efficiency.
- Convenient Chart-Based Desktop Interface: On the Longbridge Securities desktop platform (Longbridge Pro), users can effortlessly set take-profit and stop-loss orders through chart trading. After placing an order, users can simply drag the take-profit or stop-loss line on the chart to their desired price level, making the process more intuitive and simplifying the setup.
As a pioneering internet brokerage committed to lifetime $0 commission trading on Hong Kong and U.S. stocks*, Longbridge Securities is dedicated to providing investors with the best trading experience and the lowest trading costs through technological innovation and superior service. The upgraded take-profit and stop-loss feature reflects Longbridge Securities's continuous pursuit of a more professional trading system for users. By enhancing the methods and functionality of take-profit and stop-loss, Longbridge Securities enables users to implement systematic trading strategies with ease, configuring settings with a single click to protect profits and limit losses. This allows investors to respond more confidently to market fluctuations, helping them to accumulate long-term gains and achieve stable investment growth steadily. Whether a beginner or an experienced investor, all users can effectively manage risk, secure profit targets, and enhance both their investment efficiency and trading experience through Longbridge Securities's take-profit and stop-loss function.
*Other fees apply.