Take profit is an instruction to close a position when a specified profit condition is met. The trigger quote, partial-fill rules, minimum distance and expiry depend on the product and platform. Check the broker's execution policy; a chart touching a price is not confirmation of a fill.
Check size, direction, trigger quote, spread and fees. Save the order ID and verify the execution record. A limit exit and a trigger that sends a market order have different execution constraints. A take-profit setting is not a promise of net profit at the target.
This is a fixed-size illustration before costs, not a backtest or forecast. If each winner earns 2 units and each loser loses 1, the break-even win rate is 1 ÷ 3, approximately 33.33%. At 33%, expected value is 0.33 × 2 − 0.67 × 1 = −0.01 unit: a loss, not a profit.
If total cost is 0.1 unit per trade, break-even becomes (1 + 0.1) ÷ 3, approximately 36.67%. That cost is illustrative. Use actual spreads, commissions, financing and slippage, without counting the spread twice. Target and stop distances are not the same as realised average wins and losses.
Verify the broker's licence. Investor.gov's order guide describes US securities orders; check the specific contract for forex and CFDs. FXCN calculated the illustrations from the stated assumptions. Educational information only.