Auto Sell
Last updated
Last updated
Click “Advanced” at the top right corner of the Automation page. Then select the gears icon on Auto Sell. This will open the Auto Sell menu where you can create your very own Auto Sell strategy.
Auto Sell enables you to automatically set a group of limit sell orders on any token that you buy. This can be incredibly useful for when you’re trading on the go and want to strategically trade a token while being busy with other things. Click “Create New Strategy” to get started. You can set multiple take profit / stop loss levels and can even specify which trading fee preset you want each strategy to use.
In the example below, this trader has set two take profit levels. The first TP is at 100% profit for 50% of his supply. This is the most common TP in trading because it allows you to take your initial investment out once you’ve doubled your money, so that you can trade with no risk of loss from that point forward. The second TP is at 300% profit for 50% of the remaining supply (25% of the initial supply). This is to ensure the trader locks in some real profit once they are significantly in the green. This example also features a low stop loss at -80% to make sure the trader never loses their entire value on a trade.
Once you’ve finished designing your strategy, give it a title and save it. You will be returned to the Auto Sell menu where you can see the strategies you’ve created. Click “Enable” on the one you want to use. The active Auto Sell strategy will then be Auto Applied on every buy that you make with BullX.