A take-profit (TP) order sells when price rises to your target; a stop-loss (SL) sells when it falls to your floor. Together they bracket a position so you never have to decide under pressure.
Manual TP/SL has two failure modes: you move the stop 'just this once' hoping for a bounce, and you can't watch the market 24/7 — the 3 AM dip doesn't wait for you. Automation fixes both. A bot evaluates price on a fixed cadence and executes the moment a threshold is crossed, with no hesitation and no rationalization.
The edge cases worth knowing: a stop triggers a sell, not a guaranteed price — in a fast drop the fill lands below your stop (slippage). And a take-profit caps upside by design; in a sustained run you'll feel 'left behind,' which is the price of discipline.
Dexana's bots evaluate exits every minute against live prices — TP and SL are set at creation and applied mechanically, so the plan you make calmly is the plan that executes at 3 AM.
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