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How to Set Stop Loss on Perpetual Futures - Risk Management Guide

Once you have opened a position on perpetuals (perps), you can protect your capital by setting up a stop loss order. A stop loss automatically closes your trade at a predetermined price to limit your losses when your short or long position moves against you. You can set your stop loss to accept a 5%, 10%, 25%, or 50% loss instead of risking full liquidation. Learn more about risk management and avoiding common mistakes.

How to add stop loss in 3 simple steps:​

  1. Tap on Add stop loss condition.

Actions on perps to add stop loss

  1. If you long set the price below entry price, if you short set the price above entry price.

  2. Tap confirm and you will see stop loss trigger action under coin you have opened perp trade.

Trigger orders will now show your expected loss for the stop loss you added in case price of the opened trade goes below. If you want to change stop loss price target, just cancel order under stop loss and create new one from beginning.

Preview of stop loss on opened trade