> For the complete documentation index, see [llms.txt](https://docs.bonkbot.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bonkbot.io/nighthawk-setup/precision-snipes.md).

# Precision Snipes

### Precision - Defined risk, limited slippage. Safest for novices.

* Only executes below maximum market cap (mcap)
* Snipe fails with fixed loss if mcap limit exceeded
* Minimises unwanted snipes if price pumps rapidly after migration

### **Precision Setup**

1. Choose “**ONLY fill at or below X mcap**”<br>
2. “**Enter your max market cap in thousands (k) or millions (m)**”\
   Snipe will not execute above this market cap.<br>
3. “**Enter the max SOL you’re willing to risk losing**”\
   You’ll only lose this amount if the snipe doesn’t land.<br>
4. “**If snipe is successful, enter max SOL you’re willing to spend on fee + bribe**”\
   Spend more to land higher in the pecking order. Size according to conviction.<br>
5. “**Enter buy amount in SOL**”<br>
6. Click “**Confirm**” (or “**Abort Setup**”)