Take Profit & Stop Loss Guide
Remove emotions from trading. Set your targets, automate your exits, and sleep better at night.
🎯 What is Take Profit?
A take profit order automatically sells your position when it reaches a target price or percentage gain. It locks in profits without you watching charts 24/7.
Example: You buy a token at $1. Set take profit at +50%. When price hits $1.50, your position automatically sells.
🛑 What is Stop Loss?
A stop loss order automatically sells when price drops to a certain level. It limits your downside and prevents small losses from becoming disasters.
Example: You buy at $1. Set stop loss at -20%. If price drops to $0.80, your position sells automatically.
📊 Suggested Settings by Risk Profile
Conservative
Take Profit: +20-30%
Stop Loss: -10-15%
Best for: Larger positions, established tokens
Moderate
Take Profit: +50-100%
Stop Loss: -20-30%
Best for: Medium positions, trending tokens
Aggressive
Take Profit: +200-500%
Stop Loss: -40-50%
Best for: Small positions, memecoins
📈 Trailing Stop Loss
A trailing stop moves up with the price but never moves down. This lets you ride winners while protecting gains.
- 1You buy at $1 with a 20% trailing stop
- 2Price rises to $2. Your stop moves to $1.60 (20% below high)
- 3Price rises to $3. Stop moves to $2.40
- 4Price drops to $2.40. Position sells. You kept 140% profit!
💡 Pro Tip: Trailing stops are perfect for memecoins that can pump unexpectedly. Set it and let it ride.
⚙️ Setting Up in Wallet Bot
- 1Open Settings Panel
Click the gear icon in your active column
- 2Set Take Profit %
Enter your target gain percentage
- 3Set Stop Loss %
Enter your maximum acceptable loss
- 4Enable Trailing Stop (Optional)
Set the trailing percentage to lock in gains as price rises
- 5Enable Auto-Sell
Turn on the auto-sell toggle to activate your settings
💡 Best Practices
- ✓Always use both: Take profit AND stop loss. Never just one.
- ✓Set before buying: Decide your exit plan before you enter
- ✓Don't move stop losses down: That defeats the purpose
- ✓Match volatility: More volatile tokens need wider stops
Trade Without Emotion
Wallet Bot's automated take profit and stop loss execute instantly, 24/7. Set your rules and let the bot handle the rest.
Start Trading