DESCRIPTION: If you're wondering how to use Risk Management in Deriv Go application, you're in the right place.
RESOLUTION STEPS: Here’s the step-by-step guide;
- Take Profit | Stop Loss
- Click "market" at the bottom -> choose any continuous indices that you prefer.
- Scroll Up “Set Order” section, to open full details of Take Profit and Stop Loss
- Enable “Take Profit | Stop Loss ”
- Enter your desired Take Profit & Stop Loss amount. Then click OK at the bottom of your page ( for Accumulators only Take Profit feature is available )
- Deal Cancellation
- You may choose to enable “Deal Cancellation ”
- Select your preferred time frame
On your “Position ” section you will be able to cancel the trade within the timeframe you have selected
NOTES: Kindly be advised Deal Cancellation does not guarantee 100% return of the initial stake. Profit and Loss will still be taken into consideration based on the market movements.
FOR FURTHER INFORMATION:
Deriv community article: https://community.deriv.com/t/risk-management-in-deriv-go/28233