Manual Stop Loss

You are able to trigger a stop loss for any portfolio at any time from your Dashboard.

Simply select a portfolio from the Portfolio panel on the right side of the Dashboard, and “Activate” your stop loss. You will be prompted to select a stop loss currency, and at this point you can still cancel without any trades occurring.

 

If you are certain you want to trigger your stop loss, select “Trigger Stop Loss” to begin selling everything held in the portfolio selected on your Dashboard into your stop loss currency.

Things worth mentioning

• Stop losses use taker trades even when fee optimization is turned on. This is to prioritize speed during stop loss events.

• You cannot trigger a manual stop loss from the aggregate (Show All) view. You must select a portfolio before you can trigger a manual stop loss.

• You do not need to have an automation enabled on a portfolio to trigger a manual stop loss.

• If there is an automation enabled when a manual stop loss is triggered, the automation will be stopped. You must manually restart this automation when you wish to re-enter the market.

• The stop loss sells everything in the portfolio that is not the stop loss currency and purchases only the stop loss currency.

• You can only select one asset to be your stop loss currency.

Have questions, comments or concerns? Feel free to reach out to us via the blue "Support" button found in the bottom left corner of your Dashboard, or send an email to Support@Shrimpy.io.