What Is Take Profit on Pluang US Stocks?

Take Profit is the upside half of Pluang's Exit Strategy for US Stocks: a sell order that fires automatically once the price of a stock you hold rises to a target you set, locking in a gain without you having to watch the market for it. It executes as a limit order once the market reaches your target price, which is also referred to as the stop price or trigger price. Like Stop Loss, it can only be added to a buy order rather than placed on its own, and it goes live only after that buy order has executed successfully. It needs a minimum of 0.1 shares to activate, carries a fixed 30-calendar-day validity that cannot be extended, and works during Regular Market hours only. For example, buying XYZ at $100.00 per share and setting Take Profit at $120.00 sells the position automatically if the price climbs to $120.00.

• What it is: a sell order that fires automatically once the price rises to the target you set, locking in a gain
• How it executes: as a limit order, triggered once the market reaches your target price — the stop or trigger price
• Attached to a buy: added as part of an Exit Strategy on a buy order, never placed independently
• Activation: it goes live only once the linked buy order has executed successfully
• Minimum and validity: 0.1 shares to activate, and a fixed 30-calendar-day validity that cannot be extended or edited
• Worked example: buy XYZ at $100.00 and set Take Profit at $120.00 — the position sells automatically at $120.00
• Hours: Regular Market hours only, like every Exit Strategy order on Pluang

Related questions:

Q: How is Take Profit different from Stop Loss?
They are mirror images pointing in opposite directions. Take Profit sells when the price rises to your target, capturing a gain, while Stop Loss sells when the price falls to your level, capping a loss. Everything else is shared: both attach to a buy order, both need 0.1 shares, both use the same fixed 30-calendar-day validity, and both work in Regular Market hours only.

Q: Do I have to set a Stop Loss as well?
No. You can set Take Profit on its own, Stop Loss on its own, or both together. Setting both is what creates an OCO pair, where whichever level is reached first executes and the other cancels automatically. Setting only Take Profit means the position has no automatic downside exit attached to it, so you would need to sell manually if the price falls instead.

Q: Why has my Take Profit not executed even though the price reached my target?
Touching your target triggers the order, but the sell still has to find a fill in the market. If the price reverses in the moments after the trigger, the order can end up cancelled under the OCO logic while your shares remain in the portfolio untouched. Thin liquidity around the target level can produce exactly the same outcome for you.

Q: What happens to my Take Profit after 30 days?
It expires automatically. The 30-calendar-day validity is fixed and cannot be extended or changed manually, so once the window closes the target is no longer live and the price can pass straight through it afterwards with nothing happening. To keep the protection in place you set up a new Exit Strategy with fresh levels on a new buy order, since an expired Take Profit cannot be revived or extended in any way.