In futures trading, the real challenge is usually how to exit, not when to enter. Delayed stop-losses, giving back unrealized gains, and uncontrolled risk after scaling in—these are the main drivers of drawdowns.

The Position Take-Profit / Stop-Loss feature now lives and running stably on WEEX lets you predefine both profit capture and maximum loss for an entire position in one go. Once triggered, it executes a full position market close automatically—reducing emotional interference, improving execution certainty during sharp volatility, and turning risk–reward into measurable, reviewable data.

This article will clearly and quickly cover: what it is, when to use it, its core benefits, how to set it properly, plus common FAQs.

What Is Position Take-Profit / Stop-Loss?

Position Take-Profit / Stop-Loss sets exit conditions for the entire current futures position. After you define a take-profit price and/or a stop-loss price for a position, once market price hits a trigger, the system attempts to close all remaining size at market.

When It’s Useful

Typical scenarios include:

• Unified exit after scaling into multiple fills
• Unable to monitor the market continuously
• Defining worst-case loss before key events or data
• Strategies requiring fixed risk–reward ratios
• Emotional swings driven by floating PnL
• Accounts enforcing per-trade risk caps

If you need laddered partial take-profit, ultra-short-term scalping, or order book microstructure tactics, you will need to combine this with other tools.

Benefits of the Position Take Profit and Stop Loss feature:

• Automated trading and simplified management: Users do not need to manually close positions; the system automatically handles trades based on preset conditions, helping users quickly lock in profits or limit losses while reducing the need to constantly monitor market dynamics.
• Reduced emotional interference and faster response: With automated settings, users can minimize the impact of emotions on decision-making, respond quickly to market changes, and effectively control risks to protect their capital.

How to Set Up the Position Take Profit and Stop Loss?

APP:

1. After opening a futures trading order, users can find the "TP/SL" button in the Positions interface.
2. Click the "TP/SL" button to enter the setup interface for the entire position take profit and stop loss. Users can fill in the take profit target price or stop loss target price based on their trading strategy, and click "Confirm" once completed.
3. After setting up the take profit/stop loss for the entire position, users can find the corresponding take profit/stop loss orders in the Trigger section of the Orders interface. When the asset price reaches the specified order price, the system will automatically execute a market order to close the entire position.

WEB:

1. After opening a futures trading order, users can find the "TP/SL" button in the Details section of the Positions interface.
2. Click the "TP/SL" button to enter the setup interface for the entire position take profit and stop loss. Users can fill in the take profit target price or stop loss target price based on their trading strategy, and click "Confirm" once completed.
3. After setting up the take profit/stop loss for the entire position, users can find the corresponding take profit/stop loss orders in the Trigger section of the Open orders interface. When the asset price reaches the specified order price, the system will automatically execute a market order to close the entire position.

Q&A

1. Do I have to set both take‑profit and stop‑loss?

No. You can set only a stop‑loss (cap worst loss), only a take‑profit (lock in expected gain), or both to define a fixed risk‑reward ratio.

2. Will it always fill exactly at my set price once triggered?

No guarantee. A trigger just means the condition is met; the system then sends a market close. The actual average fill can differ due to slippage, depth, and volatility.

3. Can I modify or cancel after setting it?

Yes. Open the position’s Take-Profit/Stop-Loss panel to adjust or remove. The latest submission overrides prior ones. If you’ve manually reduced part of the position, the remaining size keeps using the updated settings.