Trailing Stop-Loss

Trailing stop loss adapts to price movement, protecting your profits while letting winners run.

Trailing Stop Loss Strategy

Similarly as with the Static Stop-Loss strategy, to set up the Trailing Stop Loss strategy, you need to set up:

• Initial trailing stop-loss

Initial trailing stop-loss percentage

Unlike the Static stop-loss, the trailing stop-loss follows the at-the-highest (ATH) price of the token. Example:

You paid 1 SOL for 100 $WIF tokens. The price of $WIF increased and now your 100 $WIF tokens are worth 2 SOL. Since you are running a trailing stop loss strategy with 20% initial trailing stop-loss, your stop-loss level adjusted to 1.6 SOL (20% from ATH). As a result, if the price of $WIF starts falling, once your 100 $WIF tokens are worth 1.6 SOL, Sniperoo will automatically sell them all, netting you 0.6 SOL in profit.

Trailing Stop Loss Grid System

Trailing Stop Loss Strategy Setup

Price Increase Column - Set specific price targets that your position wants to reach (e.g. 1.5x, 2x, 5x, 10x etc.)

Tokens Sold Column - Allocate what percentage of your position you want Sniperoo to sell at each price level. Note: The sum of all percentages in this column should always be 100% (i.e. the full amount of your position).

Trailing Stop-Loss Column - Readjust the trailing stop-loss as you reach new profit targets. This means you can take more risky plays as you reach higher targets.

Projected P/L - Projected MINIMUM profit or loss for each grid level adjusted to your entry position size, helping you plan your strategy effectively. The projected minimum P/L in the Trailing Stop-Loss strategy takes into account the Stop-Loss adjustements, so this is the MINIMUM you will get as you reach each target.

In the example above, the projected P/L is with 10 SOL as entry position.