📈Sell Limits

What is a Sell Limit Order?

A Buy limit order is an order to sell a token at a specific price or better. A sell-limit order can only be executed at the limit price or higher current sell.

How to create a Sell Limit Order?

1. Choose wallets: Choose the wallet you'd like to use for selling tokens. Like Buy Limits! You can even select multiple wallets all at once.

2. Select token address: Simply enter the token address for your sell limit order.

3. Expire: You can set the number of hours before your sell order expires. No need to worry about a maximum expiry time, you've got the flexibility you need.

4. Add order: Create your sell limit order by choosing from preset percentage price increases or entering a custom percentage (just make sure it's a positive number). Your sell limit order will then be added and neatly listed under existing orders.

5. Setup Take Profit/ Stop Loss: Opting for either option allows you to customize the timing of your asset sales. You can set the sale amount and specify the percentage increase or decrease for your tokens.

6. Delete order: Enter the order ID you wish to delete in the Order list. You can delete multiple orders by typing many order ID, separated by commas.

What is "Trailling Stop Loss"?

Trailing stoploss is an advanced version of sell-low that adjusts the stoploss gradually as the token's profit/loss (P/L) increases. This helps safeguard gains in situations where the token experiences a pump but doesn't reach the sell-high (take profit) threshold. Here's a simplified example:

• Without trailing stoploss, the bot waits until the token drops to the specified sell-lo before auto-selling, potentially resulting in missed gains and losses.

• With trailing stoploss enabled, the bot continually adjusts the stoploss based on the highest P/L the token reached. For instance, if the token's P/L peaked at +190%, the bot adjusts the sell-lo from -40% to +74%. This provides the token room to recover while securing profits if it declines.

Key points:

• Trailing stoploss continuously adjusts sell-lo based on the highest P/L recorded on the token's monitor.

• Trailing stoploss only increases sell-lo; it doesn't decrease it.

• It doesn't adjust sell-hi; it focuses solely on sell-lo.

• Activating trailing after a trade makes the bot start trailing from the current sell-lo.

• If you're dissatisfied with the calculated stoploss value, you can manually change it, and the bot will adapt accordingly. However, modifying the value while trailing is enabled resets the recorded maximum P/L on the monitor. The new value becomes the new maximum, affecting subsequent adjustments.