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:
β SL -% (Standard Stop Loss) β 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.
β SL +% (Profit Protection Stop Loss) β Sells if profits fall below a set percentage from the peak profit level.
Can only be activated from an already opened position.
β SL +% with Trigger β 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:
Go to Settings: Type /settings, then open TP/SL/TS Config.
Activate Stop Loss: Push π΄ to turn it π’ (enabled for all new trades).
Set SL Target: Tap π, enter your stop-loss percentage.
For SL +% with Trigger: First enter trigger target π, then enter stop-loss percentage.
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:
1οΈβ£ 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.
2οΈβ£ Modify or Add a Stop Loss Target
πΉ SL -% (Standard Stop Loss)
Set SL below entry price: Tap π, enter your stop-loss percentage (e.g., -10% to sell if price drops 10%).
Activate SL: Push π΄ to turn it π’ (enabled).
πΉ SL +% (Profit Protection Stop Loss)
Set SL to protect profit: Tap π, 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 π΄ to turn it π’ (enabled).
πΉ SL +% with Trigger
Set a trigger first: Tap π, enter the profit percentage required to activate SL.
Set Stop-Loss % after activation: Tap π 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 π΄ to turn it π’.
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?
β Yes
β Yes
SL +% Available?
β No
β Yes
SL +% with Trigger Available?
β Yes
β 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! π
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