Stop loss

LuigiBot’s built-in Stop Loss feature ensures you never wake up to a completely wiped-out position. Once you set your SL, the bot continuously monitors the market and automatically closes your trade if the price falls below your chosen threshold, giving you peace of mind and protecting your capital while you focus on other things.

The Stop Loss system is designed to safeguard against sudden market drops or malicious events, such as rug pulls. By automatically cutting your position when it drops by a set percentage from your entry, it removes the need for constant monitoring and eliminates second-guessing, providing you with consistent, automated risk management.

Open the Advanced Buy/Sell menu to access the Stop Loss settings.

Click on SL Settings to configure your Stop Loss, the bot will track it automatically and execute it for every new trade based on your settings.

Enter your desired Stop Loss percentage and hit enter, for example, typing 25 will close the position if it drops by 25%.

After setting your Stop Loss, return to the main Advanced Buy/Sell settings and enable SL, green means it’s on, red means it’s off.

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Last updated 3 days ago