What is Auto Close?
What is Auto Close?â
Auto Close lets you automatically close your position at set price levels. Take Profit locks in gains, while Stop Loss limits losses.
Take Profitâ
Take Profit sets a price where Gem Wallet can close the position to lock in gains when the market moves in your favor.
Stop Lossâ
Stop Loss sets a price where Gem Wallet can close the position to limit losses when the market moves against you.
Auto Close does not remove market risk. The final execution can still depend on market conditions and available liquidity.