Profit and Loss Settings

💰Profit and Loss Settings

➕Take profit level

• Profit %: Set the % profit from entry that you want to automatically sell at

• Sell Amount %: Set the % of your holdings you want to sell at this level

• Add Take Profit: You can add as many take profit levels as you would like

➕Stop loss level

• Loss %: Set the % loss from entry that you want to automatically sell at

• Sell Amount %: Set the % of your holdings you want to sell at this level

• Add Stop Loss: You can add as many stop loss levels as you would like

➕Trailing stop loss level

• Trailing Stop Loss: Toggle On/Off if you want to use this mode.

• Set the % that you want to have as your sl from the highest point its got to.

Example E.G. If you set 20% and the coin was at 35% profit sl would be at 15% Profit Then if it went to 40% profit the stop loss would be 20%

➕ Drop mode

Toggle On/Off if you want to use this mode.

• Drop mode works by increasing the floor (SL) as the coin goes up in value.

• For each level you that your set profit target is hit, the corresponding floor level will activate.

Example E.G. In this example, if the coin reaches 100% profit and then goes down to 50% profit before reaching 200% profit it would sell 100% of the holdings. If it reaches 200% profit though it would then set the stop loss to 120% profit.

This enables you to maximise the potential upside of a coin. I run this along side a stop loss.

Fields

• Profit Target %: The percentage profit from entry to activate that level

• Sell Amount %: The percentage of your holdings to sell at that level if the floor is touched

• Floor %: The new stop loss level

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