How to input Stop-loss (SL) and Take-profit (TP)

On SnapEx, users have two options to set a defined price or value to close a trade: Stop Loss (SL) and Take Profit (TP).

Users can do this by:

1. Manually changing the numerical prices shown on the trading screen’s price boxes
2. Entering a specific SL/TP in the form of percentages under the "Take profit ratio" and "Stop-loss ratio" boxes inside the "New order" drawer

App view

Web view

Note: The default SL/TP values in all new orders will be executed unless a user changes the values manually.

All manual inputs will override the default preset values. Once a user has keyed in a desired price or value, the SL/TP is activated for that specific order. Users will need to either refresh the page or to reactivate the preset values in order to override the manual inputs.

How can I check if either one of the manual input methods are activated?

When the default preset is not manually changed, the prices on the SL/TP boxes will change following the current price movement. However, when manual inputs are followed, the price in the SL/TP box will stay the same, disregarding any of the default presets.

Why are there marginal differences between the default presets and the SL/TP percentages shown on my newly executed orders?

All SL/TP preset percentages are indicative of the actual market SL/TP prices. 

When an order is executed using the SL/TP percentage presets, SnapEx will derive prices based on them to match the original input formats on the K-Line weighted average.

Users might occasionally experience minor price fluctuations when volatility is high. However, SnapEx is constantly improving the system to increase efficiency and minimize slippages.

How can I change the SL/TP value after I execute an order?

Users can easily change the SL/TP prices by clicking the "Settings" button (shown with a Pencil icon) in the "Position" tab.

App View

Web View

Users are given the choice of setting the SL/TP according to market K-Line in the form of numerical prices or percentages or based on the order margin entirely

Related articles:

• What is Take Profit and Stop Loss?
• Stop Loss and Take Profit
• Why to Set Take Profit and Stop Loss