Stop-Loss & Take-Profit

Olympus can automatically sell your positions when they hit a price threshold you set. Stop-loss sells when your position drops too much. Take-profit sells when your position gains enough.

Triggers execute instantly — as soon as the price crosses your threshold, a market sell is placed within milliseconds.

Where to Set SL/TP

You can configure stop-loss and take-profit at three levels:

1. Global Defaults

Set default SL/TP percentages that apply to all your followed wallets.

How: Settings > Trading > Default Stop-Loss & Take-Profit

These are used as fallbacks when a wallet doesn't have its own SL/TP configured.

2. Per-Wallet (Copy Trading)

Override the global defaults for a specific followed wallet. These apply to all copy-traded positions from that wallet.

How: Click a followed wallet > Overview tab > Risk Management section

Per-wallet settings take priority over global defaults.

3. Per-Position (Manual Trades)

Set SL/TP when placing a manual buy order, or add/edit them later from the Triggers tab on any market page.

How:

• At buy time: Check the "Take Profit / Stop Loss" box in the buy panel
• After buying: Go to the market page > Triggers tab > click "Add SL/TP" or edit existing triggers

How It Works

1. You set a stop-loss (e.g. 20%) and/or take-profit (e.g. 50%) on a position
2. Olympus monitors the price in real time
3. When the price drops 20% below your entry → stop-loss triggers an automatic sell
4. When the price rises 50% above your entry → take-profit triggers an automatic sell
5. Whichever threshold is hit first executes — the other is cancelled
6. You get a Discord notification (if configured) with the result

Good to Know

• One trigger per position — If you buy the same token twice, the first SL/TP values are kept. You can change them anytime from the Triggers tab.
• You can edit or remove triggers at any time from the Triggers tab on the market page.
• Triggers sell your entire position when they fire — partial sells are not supported for triggers.
• If a sell fails (rare), a 30-minute cooldown prevents repeated attempts. The trigger stays active and will try again after the cooldown.

Recommended Starting Points

These are suggestions — adjust based on your risk tolerance and the market.