Step 5: Set Your Desired Profit Percentage
Last updated
Last updated
In this step, enter the profit percentage at which you want the bot to automatically sell the token. This setting helps you lock in profits once a specific percentage gain is achieved, making your trading strategy more efficient and automated.
Choose a Profit Percentage
Enter the profit percentage you aim to achieve for each trade. For example, if you enter 10, the bot will sell the token when it reaches a 10% profit.
Select a percentage that aligns with your risk tolerance and market conditions.
Automatic Selling
When the token reaches your specified profit level, the bot will automatically execute a sell order, securing your profit.
Profit Target of 10%
If you set the profit percentage to 10%, the bot will sell the token as soon as it reaches a 10% gain. This allows for quick profit-taking and reduces the need to monitor price movements constantly.
Setting a profit percentage automates the profit-taking process, allowing you to manage your risk and capture gains effortlessly. Once configured, the bot will handle each trade to meet your target profit.