How to choose SL & TP
There are common methods to pick levels:
🔹 Percentage method
SL: X% below your entry price
TP: Y% above your entry price
Example: SL at 5% below, TP at 10% above. �
Fat Pig Signals
🔹 Risk-Reward ratio (e.g., 1:2)
If you risk 1% (SL), aim for 2% profit (TP). This helps improve profitability. �
Pintu
🔹 Support/Resistance levels
SL below a chart support
TP near a resistance zone identified by market history. �
CoinGecko
📌 Example for SOL/USDT
Assume entry price = 123 USDT:
🎯 Long (Buy) setup
Entry: 123 USDT
Stop Loss (SL): 117 USDT
→ Limits loss if price falls
Take Profit (TP): 135 USDT
→ Takes profit if price rises
This is just an example — you can adjust based on your strategy and risk tolerance.
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