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Digital assets are traded around the clock. As such, using take-profit and stop-loss orders can help you better manage your risks wherever you are. This article explains take-profit and stop-loss orders can be canceled, aiming to help you better understand CoinW's take-profit and stop-loss orders.

Your take-profit and stop-loss orders may be canceled under 1 of the following situations:

1. A limit order was triggered and your position was reduced or liquidated before your TP/SL order can be triggered.
2. A forced reduction or liquidation was triggered and your TP/SL orders will be automatically canceled.
3. TP and SL orders are "One-Cancel-the-Other" orders and if one order is executed, the other will be automatically canceled.