Why did my order closed before the preset TP price?
A take profit setting to secure potential gains, but its execution price depends on market conditions. Slippage may cause the order to close before reaching the preset take profit price if the market does not move to the expected level or moves too slowly. Common causes include high volatility, low liquidity, smaller order sizes, and a lack of available buyers or sellers at the desired price. Slippage is an inherent risk in trading and can result in an order closing at a price slightly worse than the initially set take profit, thereby reducing the anticipated profit.
