πŸ›‘Stop Loss + Trigger

Stop Loss Guide

Stop Loss (SL) helps limit losses or protect profits by automatically selling your position when the price drops below a certain percentage.


Types of Stop Loss:

βœ… SL -% (Standard Stop Loss) – Sells when the price drops below a set percentage of your entry price.

  • Can be set as default (applies to new trades) or adjusted for existing positions.

βœ… SL +% (Profit Protection Stop Loss) – Sells if profits fall below a set percentage from the peak profit level.

  • Can only be activated from an already opened position.

βœ… SL +% with Trigger – Activates only when a trigger target is reached, then applies a stop-loss if profit drops below a set level.

  • Can be set as default (applies to new trades) or adjusted for existing positions.


Setting Default Stop Loss for New Trades

If you want SL -% or SL +% with Trigger to apply automatically to all new trades:

  1. Go to Settings: Type /settings, then open TP/SL/TS Config.

  2. Activate Stop Loss: Push πŸ”΄ to turn it 🟒 (enabled for all new trades).

  3. Set SL Target: Tap πŸ“Š, enter your stop-loss percentage.

  4. For SL +% with Trigger: First enter trigger target πŸ“Š, then enter stop-loss percentage.

  5. These settings will now be applied automatically to all new positions.


Applying Stop Loss to an Already Opened Position

If you need to set or modify SL for an existing position, follow these steps:

1️⃣ Open the SL Settings for Your Position

  • Paste your token address or locate it via /portfolio.

  • Click on "TP/SL/TS" to access the Stop Loss settings.

2️⃣ Modify or Add a Stop Loss Target

πŸ”Ή SL -% (Standard Stop Loss)

  • Set SL below entry price: Tap πŸ“Š, enter your stop-loss percentage (e.g., -10% to sell if price drops 10%).

  • Activate SL: Push πŸ”΄ to turn it 🟒 (enabled).

πŸ”Ή SL +% (Profit Protection Stop Loss)

  • Set SL to protect profit: Tap πŸ“Š, enter the percentage below which your position will be sold.

  • Example: If your profit is +500% and you want to sell if it drops below +200%, enter 200.

  • Activate SL +%: Push πŸ”΄ to turn it 🟒 (enabled).

πŸ”Ή SL +% with Trigger

  • Set a trigger first: Tap πŸ“Š, enter the profit percentage required to activate SL.

  • Set Stop-Loss % after activation: Tap πŸ“Š again, enter the percentage below which it will sell.

  • Example:

    • Trigger at +100% β†’ SL +% activates when profit reaches +100%.

    • Stop-Loss at +20% β†’ If profit drops below +20%, the position is sold.

  • Activate SL +% with Trigger: Push πŸ”΄ to turn it 🟒.

Default settings:

Position SL settings

Key Differences Between Default and Manual Stop Loss Setup

Feature

Default (New Trades Only)

Manual (Existing Positions)

Where to Set?

/settings β†’ TP/SL/TS Config

TP/SL/TS in the opened position

SL -% Available?

βœ… Yes

βœ… Yes

SL +% Available?

❌ No

βœ… Yes

SL +% with Trigger Available?

βœ… Yes

βœ… Yes

Applies to?

Only new trades

Only selected trade

By using Take Profit, Standard Stop Loss, Profit Protection SL, and SL +% with Trigger, you can maximize gains and minimize risks while adapting to market conditions! πŸš€

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