🔒Pocket Protect + Limit Orders
Last updated
Last updated
Use command /pocketprotect
to set up your strategy.
Pocket Protect allows you to set up a Trading Strategy "template" that you can quickly apply to any trade.
Your Pocket Protect Strategy includes:
Stop Loss: the % at which you want to cut your trade to stop losing money.
Take Profit: the % at which you want to take profit and sell your coin back into SOL.
Pocket Protect works on based on percentages (%).
Example: If you want to take profit at a 3x, you would type in 200 (to indicate 200% gain)
You can trigger your Pocket Protect (PP) strategy with any coin you buy.
Works in groupchats and in DMs.
To trigger the strategy, click the "PP" button after your trade confirms.
Use command /limitbuyorder
or /limitsellorder
.
Limit orders allow you to buy or sell at a specific price.
Example: "I bought LOCKIN at $0.26, and I want to sell it at $5.00"
You can use the commands to trigger limit orders OR you can click the "Limit" button under any token message.
To edit your limit orders use /managelimitsell
or /managelimitbuy