💰Limit Sell
Last updated
Last updated
A Limit Sell is used to automatically sell tokens when a set condition is met. Limit sell orders are also known as Take Profit orders.
Steps to Set a Limit Sell:
Select the Limit option, followed by Sell from the BonkBot interface.
You can specify the trigger condition for selling by entering:
MCap: Set a market capitalization target (e.g., “4.22B”).
Price in USD: Specify the price at which to sell.
Multiple: Sell if the token price is a certain multiple of the current price (e.g., “2x”).
Percentage Change: Sell when the price changes by a specific percentage (e.g., “+50%”).
Enter the percentage of your current position to sell (e.g., 50%).
Confirm the details, including the trigger and amount of tokens to sell.
Your Limit Sell order is now active and will be executed when the trigger condition is met.
Example:
Amount: 3.29M Bonk (50% of current position)
Trigger: 2.00x / 4.22B MCap ($0.0454)
Please note that while limit orders guarantee a price trigger, they do not guarantee that the order will be filled if market conditions fluctuate quickly.
