> For the complete documentation index, see [llms.txt](https://docs.sniper.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sniper.xyz/tokens/telegram-bot/settings/tp-sl-tsl.md).

# TP / SL / TSL

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Take Profits & Stop losses are a great way to auto trade. These features are currently available on all copy trading transactions of our telegram bot
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***

## Take Profit

Take profits will automatically sell part or all of your position when a set marketcap is reached. We offer up to 5 individual take profit settings so you can really customize your strategy.

#### Setup TP

1. In the settings menu - press <img src="/files/tSVw40dEM5IIT01212Wu" alt="" data-size="line">
2. Input the percentage & multiplier you'd like to take profits at\
   \&#xNAN;*ex. To take 50% profit at 1.5x, enter* `50 1.5`&#x20;

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You can also use the command `/addtp 50 1.5`
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#### Remove TP

1. In the settings menu - press <img src="/files/Qm21WOOC9HUmR3ZfFm9z" alt="" data-size="line">
2. Input the index of the TP you want to remove\
   \&#xNAN;*ex. to remove 1 - 50% @ 1.5x , enter* `1`

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You can also use the command `/removetp 1`&#x20;
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***

## Stop Loss

Stop losses help to minimise losses, close a position when the token has dropped a certain percentage, allowing you to have piece of mind when AFK.

#### Setup Stop Loss

1. Whilst in the settings menu - press <img src="/files/7P50Vuf3eMiSgPjCy5Fr" alt="" data-size="line">
2. Input the percentage you'd like to stop loss at\
   \&#xNAN;*ex. To stop at a 20% loss, enter* `20`

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You can also use the command `/stoploss 20`&#x20;
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#### Remove Stop Loss

1. In the settings menu - press <img src="/files/7P50Vuf3eMiSgPjCy5Fr" alt="" data-size="line">
2. Input `0`&#x20;

***

## Trailing Stop Loss

Trailing Stop losses are designed to help protect profits. The stop price is dynamic and is calculated a set percentage below the all time high after you have entered the trade. \
&#x20;

Setting a Trailing Stop Loss

1. In the settings menu - press <img src="/files/HFynXSuqbJKtuQaOC1Vr" alt="" data-size="line">
2. Input the percentage you'd like to stop loss & how much you want to cut\
   \&#xNAN;*ex: At -15% trailing stop loss, sell 50% of your position enter* `15 50`&#x20;

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To remove a trailing stop loss press the button and input `0 0`
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