Managing your risk and rewards is a key part of trading. Stop loss and take profit levels are essential tools on metatrader 4 windows that help traders automate their trading strategies by locking in profits and minimizing losses. If you’re wondering how to effectively set these levels on MT4 Windows, this guide breaks it down step by step. What Are Stop Loss and Take Profit? Before jumping into the steps, let’s clarify these terms: • Stop Loss (SL): A pre-set price level used to close a trade automatically if it moves against you. It limits losses. • • Take Profit (TP): A pre-set price level where a trade closes automatically…