# Take Profit & Stop Loss The **Take Profit** and **Stop Loss** settings form the backbone of the BigBeluga Backtester’s **risk management engine**. They allow traders to precisely model different trade management styles, compare outcomes, and evaluate how exit logic impacts profitability, drawdown, and win rate.

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TAKE PROFIT

The **Take Profit** module defines how partial or full position closures are executed once a trade reaches predefined profit targets.\ Traders can configure up to **three take-profit levels**, each defined by distance and exit size.

* **Take Profit:** Choose between 1, 2, or 3 targets.

* **Color:** Visualized on chart for quick identification (default: lime). * **Size:** Define distance as a multiple of **ATR** (Average True Range) or a fixed **percentage** from the entry price.

* **Exit Size:** When using multiple targets, specify what percentage of the position is closed at each level (e.g., 25%, 25%, 50%).

This configuration allows both **scalping-style scaling out** and **multi-phase swing exits**, enabling more flexible trade management and performance comparison across different strategies.

STOP LOSS

The **Stop Loss** module provides full control over capital protection through fixed or dynamic risk mechanisms.\ It defines how and when trades are exited automatically when adverse price movement occurs.

* **Type Selection:** Choose between **Fixed Stop** or **Trailing Stop**. * *Fixed Stop* — the distance from entry remains constant throughout the trade. * *Trailing Stop* — dynamically adjusts as price moves in your favor, locking in profits.

* **Color:** Visualized on chart for quick identification (default: fuchsia). * **Size:** Define stop distance by **ATR multiple** or **percentage** of price.

*** By combining these options, traders can replicate professional risk management models — from tight trailing stops in intraday systems to wider, volatility-based stops for swing strategies.