PlonkBot Documentation
  • 👋Welcome to PlonkBot | PlonkBot Documentation
  • Overview
    • 💡What is PlonkBot?
  • Quick Setup Guide
    • 🔦What is pump.fun?
    • ❓Why PlonkBot?
    • 🥳Initializing PlonkBot
    • 🏦Depositing SOL
    • 🤠Main Menu
    • ⏰PlonkBot Alerts Channel
    • 💰Buying Tokens
    • ⏩Quick Buy
      • Quick Buy Example
    • 🎯Auto Snipe
      • Managing your Snipe Profiles
    • 🧠Migration Snipe
    • 🤑Selling Tokens
    • 💥Dev Sell
    • 🏧Auto Sell: Take Profit / Stop Loss
    • 👮‍♂️Trailing Stop Loss
    • 💣Bonding Curve Sell
    • 🔑Export your Private Key
    • 🎱Raydium Launch
    • 💸Raydium Sell
    • 👬Copy Trading
    • 🫂Referrals
    • 💵Withdrawing SOL
    • 🤩Importing Tokens
    • 📲Import Wallet
    • ⚙️Settings
    • 🤖Auto Sell Command
    • 👾Auto Buy Command
    • ☄️Chrome Extension Setup
      • Trading with the Chrome Extension
      • Pump.fun Direct Buy/Sell
    • 🐝Custom RPC
  • Operations
    • 📊Fee Distributions
    • 💱 $PLONK
    • ⚠️Safety & Security
  • FAQ
    • ☑️Can I change my wallet address?
    • ❔How to Import a Private Key to Phantom
    • 💐What are the best settings to use?
    • 📝How to set custom Transaction fees
    • 🧵What's the difference in Validators?
    • 😍How can I refer friends to PlonkBot?
    • 🐝Can I use a Custom RPC on pump.fun & Raydium with PlonkBot?
  • 👮‍♂️Trailing Stop Loss Example
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  1. Quick Setup Guide

Auto Sell: Take Profit / Stop Loss

PreviousDev SellNextTrailing Stop Loss

Last updated 8 months ago

In true AFK style trading, you can enable Take Profit and Stop Loss functionality on Pump.fun, Raydium and Dex tokens. The first step is to configure your default settings which will apply to any new token purchases, to do this use the 'Auto Sell Settings' from the /settings menu.

Now you can edit your default settings on the below screen:

TAKE PROFIT

You can enable or disable the default settings for take profit, which will be set initially on any new token purchases when the profile is Enabled. You can override these settings on each individual token from the sell screen.

1️⃣ Enabled / Disabled: Set if new tokens will have take profit enabled or disabled automatically. (Enabled in the example). Disabled Profiles will not be applied to new tokens.

2️⃣ Edit Profile: Edit the trigger percentage, sell amount, validator, priority fee and slippage settings

3️⃣ Delete Profile: Delete the profile

STOP LOSS

You can enable or disable the default settings for stop loss, which will be set initially on any new token purchases when the profile is Enabled. You can override these settings on each individual token from the sell screen.

1️⃣ Enabled / Disabled: Set if new tokens will have stop loss enabled or disabled automatically. (Enabled in the example). Disabled Profiles will not be applied to new tokens.

2️⃣ Edit Profile: Edit the trigger percentage, sell amount, validator, priority fee and slippage settings

3️⃣ Delete Profile: Delete the profile

TRANSACTION SETTINGS

Validator: Set your Validator to be used as the default for Auto sell transactions. Can be customized in each profile individually. Priority Fees: Set your desired Priority Fees that will be used as the default for Auto sell transactions. Can be customized in each profile individually.

Slippage Config: Set your desired Slippage percentage that will be used for Auto sell transactions. Can be customized in each profile individually.

EDIT PROFILE SETTINGS

From the Edit Record screen you can update the indivual profile settings. Enabled / Disabled: Tap to toggle Trigger at: Tap and reply with the new Trigger percentage to update Sell: Tap and reply with the new Sell amount percentage to update Validator: Tap to toggle Priority: Tap and reply with the new Priority fee to update Slippage: Tap and reply with the new Slippage percentage to update

Some of the finer details to be aware of for the initial launch of this feature:

  • If for any reason the Sell order fails (slippage, not enough sol for fees, congestion, timeout, priority fees too low etc etc), it won't be retried. You can submit your own manual Sell's at the same time or after the sell in this case.

  • Be careful if trying to use this feature with smaller initial trade amounts, as your initial position includes the fees used you can start in a negative position which may trigger a stop loss sell if you haven't set it at a large enough trigger percentage.

Token Auto Sell Settings

You can adjust the Auto Sell settings directly on the sell screen for each individual token, example shown below:

You can toggle to Enable / Disable any of your active profiles on each token, Tap and reply to edit your trigger percentage and sell percentages. For adding new Auto Sell profiles to this token, or editing the transaction settings for a profile, tap the 'EDIT AUTO SELLS' button.

EDIT AUTO SELLS MENU

Much like the Auto Sell settings page, you can edit or add new auto sell profiles for this particular token. Tap to enable / disable, open the profile to edit settings, or delete the profile.

🏧
Tap 'AUTO SELL SETTINGS' from the Settings menu
In the above example, a Take Profit will be triggered once your position is in profit by 30% or higher and at that point it will will sell 50% of the tokens, a second Take Profit will trigger at 60% Profit and sell 100% of your tokens. For the Stop Loss side it will sell if our position is at a loss of 50% or more and will sell 50% of the tokens.