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How to Set Take Profit on Perpetuals - Lock In Your Gains

Once you have opened a position on perpetuals (perps), you can automatically lock in your profits by setting up a take profit order. This means Perpmate will close your trade at your target price, ensuring you capture gains even when you're not actively monitoring the market. You can set take profit orders for multiple open positionsβ€”they run 24/7 and trigger automatically when your target price is reached. Learn more about trading strategies and tracking your PnL.

How to add take profit in 3 simple steps:​

  1. Tap on Add Take Profit condition.

Actions on perps to take profit for opened trade

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

  2. Tap confirm and you will see take profit trigger under coin you have opened perp trade.

Trigger orders will now show your expected profit/gain for the take profit you added in case price of the opened trade goes above. If you want to change take profit (TP) price target, just cancel order under take profit and create new one from beginning.

Preview of take profit on opened trade