Overview
Automated ProtectionSet predetermined exit points that execute automatically when price targets are reached. Risk Management
Limit potential losses while securing profitable positions without constant monitoring. Professional Trading
Essential tools for disciplined trading and portfolio management.
Stop Loss Orders
Loss ProtectionAutomatically close positions when price moves against you by a specified percentage. Capital Preservation
Prevent small losses from becoming large losses through disciplined exits. Example: Set 20% stop loss on a Yes position at 60¢ - position closes if price drops to 48¢.
Take Profit Orders
Profit LockingAutomatically secure gains when positions reach your target profit level. Disciplined Exits
Remove emotion from profit-taking decisions with predetermined targets. Example: Set 50% take profit on a Yes position at 40¢ - position closes if price rises to 60¢.
Setting Up Orders
1
Select Market
Choose your prediction market and position direction.
2
Configure Risk Parameters
Set stop loss percentage and take profit targets.
3
Review Exit Levels
Confirm the exact prices where orders will trigger.
4
Execute Trade
Place your position with automated risk management active.
Best Practices
Risk Management- Use stop losses on all leveraged positions
- Set take profits at realistic targets (30-50% gains)
- Adjust parameters based on market volatility
- Risk only 1-2% of portfolio per trade
- Use smaller position sizes with tighter stops
- Consider correlation across multiple positions
- Set stops based on technical levels, not arbitrary percentages
- Trail stop losses as positions move in your favor
- Review and adjust targets based on market conditions
