In this section, you will learn how to set stop losses so that your risks are minimized.
In order to set stop loss values, go to the "BUY" section
Click the "BUY" button
Next, go to the section "SL/TSL
Press the "SL/TSL" button
Now you are in the stop loss settings menu and also the trailing stop loss
There are two values available in total. The first is responsible for a regular stop loss, the second is responsible for a dynamic stop loss or trailing stop loss. To get acquainted with what a trailing stop loss is, you can read thistext
Let's say you want your position to close at a loss of -30%, for this we will use the first value
We write to the chat bot: 30:0
Your stop loss is fixed, now the position will be immediately closed as soon as the loss is 30%
Let's say you now want to use a trailing stop loss. To do this, you need to set the following values, let's take 50 as an example%
We write to the chatbot: 0:50
Great! Now you know how to set stop loss and trailing stop loss. In order to use these two tools together, you need to enter the values in this way:
We write to the bot: 30:50
Now you have an active stop loss and also a trailing stop loss