TRADING GUIDE 04 / Place orders
Propr take profit / stop loss (TP/SL)TP/SL: a checkbox
and 2 prices.
Selecting Take Profit / Stop Loss opens the input fields. Learn the difference between Trigger and Limit and what happens when the fields are collapsed.
At a glance
How do I set take profit and stop loss?
Take Profit sets profit-taking; Stop Loss limits losses. Each has a Trigger activation price and an optional limit price, Limit (optional). Collapsing the fields does not clear the checkbox. Check the box on the left to see whether the setting is enabled.
A summary of this page prepared by this guide.
Select the checkbox to open
- 1UncheckedClick here to open the fields.
- 1CheckedThe fields are open.
- 2SimpleThis guide uses the Simple tab.
- 1Still checkedCollapsing does not disable the setting.
- 2Expand / collapseThe arrow on the right only expands or collapses the display.
Read Trigger and Limit separately
- 1Take Profit TriggerThe price that activates take profit.
- 2Take Profit LimitOptional limit price, separate from Trigger.
- 3Stop Loss TriggerThe price that activates stop loss.
- 4Stop Loss LimitOptional limit price for stop loss.
Hyperliquid TP/SL triggers use the mark price. Once triggered, execution is by market or limit order. A limit order may not fill, depending on its conditions.
About the leverage display
- 1MultiplierAppeared after clicking “1x” in the order panel.
- 2NoteThe message says changes also affect existing positions and orders.
- 3CancelDuring capture, we closed it with Cancel and made no changes.
The Official Propr Rulebook says leverage is set automatically by asset and cannot be changed by traders. The captured Free Trial account displayed a leverage adjustment screen. Check how this applies to your account with Propr.
FAQ
FAQ: Propr take profit / stop loss (TP/SL)
QDoes collapsing the TP/SL fields disable the setting?
ANo. Expanding or collapsing the fields is separate from the checkbox on the left. Uncheck the box to disable the setting.
QWill my position always close at the Trigger price?
ANot necessarily. Trigger is the activation threshold; the actual fill price depends on execution method and market conditions.
QCan I change leverage myself?
AThe Official Rulebook says leverage is automatic and cannot be changed. The Free Trial screen did have an adjustment screen, so check account-specific treatment with Propr.
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