Mubite Introduces Limit Orders for Take Profit and Stop Loss on CLEO Platform

Mubite has announced the integration of a new feature on its CLEO platform designed to simplify risk management and rule compliance. Traders can now set limit orders for both Take Profit (TP) and Stop Loss (SL), enabling automated execution of their exit strategies.

This functionality allows users to cap potential losses on individual trades, protecting the daily drawdown, and lock in profits automatically once the price target is reached. As these are automated orders, the system executes the trade closure even when the trader is away from the screen.

Setting Up Orders on CLEO

To implement these tools within the platform, users should follow these steps:

• Open the dashboard and click on the active trade or pending order to be adjusted.
• Go to Position Management in the top-right corner.
• Click Edit to modify the order settings.
• Choose the Limit execution type for the Take Profit and Stop Loss.
• Click Save to activate the orders.

Professional Risk Management

This update aims to encourage more disciplined trading by allowing exit plans to be defined before entering the market. The goal is to prevent traders from making decisions under emotional pressure while prices fluctuate, establishing technical exit parameters prior to clicking buy or sell.