Take Profit
Last updated
Last updated
Take profit (TP) allows you to automatically sell your position at a set percentage above your initial buy price, securing profits before the market reverses you can either set Default Take Profit for all new buys, or add/edit Targets for already openen Position.
How to Set Up Default Take Profit:
Go to Settings: Open the settings section for Take Profit.
Activate Take Profit Targets: Push 🔴 to activate (turns 🟢), applying it to all new trades.
Set Your Target Profit Percentage: Tap 🎯 and reply with your desired take profit percentage.
Choose Position Size: Tap 🔻 and reply with the percentage of your position you want to sell at this level.
Select Slippage: Reply with your preferred slippage percentage to avoid failed transactions.
Multiple Take Profit Levels:
You can set up to five different take profit targets.
Each level will trigger a sale of the specified portion of your position.
If you have an active position with active already enabled target, you can modify or add new TP targets directly from the TP/SL/TS section. Follow these steps:
Paste your token address or locate it frm /portfolio section, after opening click on "TP/SL/TS" to access the Take Profit settings.
🛠 To Modify an Existing TP Target:
Locate the active TP 1 (already set in the image bellow).
Change the Target Percentage: Tap 🎯 (target icon) and enter a new percentage for the take profit level.
Adjust Position Size: Tap 🔻 (sell position icon) and enter the percentage of your position to sell at this level.
Set Slippage: Tap 💦 (slippage icon) and input your preferred slippage percentage to avoid failed transactions.
3️⃣.To Add a New TP Target:
Change the Target Percentage: Tap 🎯 (target icon) and enter a new percentage for the take profit level.
Adjust Position Size: Tap 🔻 (sell position icon) and enter the percentage of your position to sell at this level.
Set Slippage: Tap 💦 (slippage icon) and input your preferred slippage percentage to avoid failed transactions.
To Activate: Tap the 🔴 (red TP button) to turn it 🟢 (green), enabling it.
To Deactivate: Tap 🟢 to turn it 🔴, disabling that TP level.