What is Takeprofit, Stoploss, Trailing Stoploss? How to use?

What is Take profit?

     Take profit is to set all type of orders for stop trading after we got a profit. You can put take profit for both before and after place an order and also you can modify take profit.

What is Stop loss?

     Stop loss is to set all type of orders for stop trading after we got loss. You can put stop loss for both before and after place an order and also you can modify your stop loss.

What is  Trailing Stop loss?

      A stop-loss order set at a percentage level less than the market price for an extended position. The trailing stop rate is adjusted as the price fluctuates. Trailing stop limit order, or a trailing stop market orders only used trailing stop loss.