Trailing Stop Loss
Last updated
Last updated
Trailing stop-loss is an advanced feature that adjusts your stop-loss price as the token price increases, helping to secure profits and minimize losses.
When token prices surge but donβt reach your take-profit target, a trailing stop can prevent a profitable position from turning into a loss.
Without it, the order closes only when the price falls to your stop-loss limit.
You set your Trailing Stop-Loss to 40%
Settings: Take-profit at +200% (3x increase), stop-loss at 40%.
Scenario: After opening the order, the token rises by +190%, then starts to drop without recovery.
Without a trailing stop-loss: The order remains open until the price drops back to -40%, resulting in missed gains and potential losses.
With a trailing stop-loss: The stop-loss price adjusts upwards as the token rises. At a peak of +190%, the stop-loss shifts from -40% to +74%, locking in profits even as the price falls.
This dynamic adjustment ensures flexibility for market fluctuations while protecting your gains.