Trades can be placed directly through the charts, through the broker's website and through the broker's app.

A Stop Loss is an order level placed in the market that tells the broker to buy or sell your position once this price is reached to take you out of the position. The three types of Stop Loss Orders are: Normal, Guaranteed & Trailing.

A Profit Target is the price level that you are targeting to take your profits and exit the trade. A Limit Order can be placed with the broker telling them to buy or sell your position at this price to take you out of the trade at your Profit Target.

The price level you place a Stop Loss is dependent on the strategy your are using. Each strategy has it's own defined stop loss placement. Examples include behind major Moving Averages or previous pivot high/low.

The price level you place a Profit Target is dependent on the strategy your are using. Each strategy has it's own defined Profit Target placement. Examples include support/resistance area and u- or n-shaped targets.

Stop Loss Orders are an important tool of Risk Management and are calculated as follows: Stop distance (in pips/points) / Amount to be risked (£) 

A price level where you have place an order with the broker instructing them to buy or sell.

When trading at the market level you enter the trade at the current market price. An order trade can be placed to be filled at a different price level specified by the trader.