> For the complete documentation index, see [llms.txt](https://start.atas.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://start.atas.net/step-3.-start-trading-with-atas/exit-strategies.md).

# Exit Strategies

The main way to manage risk in trading is by setting stop-loss and take-profit orders. You do not have to manually set these exit orders every time. There is an interface for configuring and managing them in the lower part of the Chart Trader panel.

<figure><img src="/files/htdYqXP8MWiZXtbNYKGQ" alt=""><figcaption></figcaption></figure>

With semi-automated position management, a trader can focus on trading rather than on placing orders. By clicking the "Edit Strategy" button, you will access the exit strategies menu, which has two tabs:

<figure><img src="/files/sh5puXwVQnEtBQZcDEw0" alt=""><figcaption></figcaption></figure>

**Simple.** This enables you to automatically set take-profit and stop-loss orders at a specified range from the entry price. You can also set a trailing stop or adjust for break-even (after configuring the strategy, be sure to click "Apply").

**Multi-level.** Here, you can customize advanced scenarios, such as closing a position in two equal parts when TP1 and TP2 are reached.

{% hint style="success" %}
The ATAS exit strategies menu is a powerful and flexible risk management tool that simplifies protecting your positions and locking in profits.
{% endhint %}