How to use take profit and stop loss on Crash/Boom indices

Both take profit and stop loss orders are tools used to manage risk and can be set when entering a trade. They help traders define their potential profit and limit their potential loss, allowing for more disciplined and strategic trading decisions while minimising emotional involvement.

Discover how to use take profit and stop loss work on Crash/Boom synthetic indices on Deriv in this step-by-step video guide.