β³Limit Sell
A type of trading directive used to sell a security at a predetermined price, utilizing market capitalization as a key parameter.
Limit sell : Selling token at specified market cap
Initial Purchase:
You snipe the token when the market cap is 75k. This is your entry point for the trade.
Target Market cap achevement:
When the market cap increases to 275k, it hits your target sell price. Once the market cap reaches or surpasses 275k, you proceed to sell all your tokens. This ensures you achieve the maximum profit, as the market cap has met your set target.
Stop loss activation:
If the market cap decreases and hits 60k instead, your stop loss will be activated. The stop loss is set at -20% from your purchase price of 75k, which means it is triggered if the market cap drops significantly below this threshold. In this case, 60k is 20% below 75k, so the stop loss order executes, selling your tokens to prevent further decline.
Last updated