Trade
TP and SL orders
Place TP and SL orders before and after entry on HyperETH
Take Profit (TP) and Stop Loss (SL) orders
Automate your exits to lock in gains or limit losses on Perps positions.
- TP: Market order triggered at a specified profit target
- SL: Market order triggered at a loss threshold
- Parameters:
- TP or SL price
- Portion of the position to close
- Gain or Loss in (%)
You can attach TP/SL to positions at entry or after. Once one triggers, the other is automatically canceled.
TP/SL orders can be placed in 2 scenarios:
- Upon entry
Users can select the TP and SL prices based on % or $ Gain/Loss.
- After entry
Placing a TP/SL order after entry gives you more control, including:
- Selecting the order amount to perform a TP/SL order
- Placing a Limit Order instead of a Market Order
Placing a Limit Order helps users to avoid slippage, but execution is not guaranteed if the price moves quickly.