# 04 / Stop-Loss Order on any token

{% hint style="info" %}
Click [here](https://app.intentable.io/trading/top_pairs?utm_source=gitbook\&utm_medium=tutorial\&utm_content=Stop_Loss\&utm_campaign=Tutorial) to start trading.
{% endhint %}

**Step 1: Select the Token to Trade**

1. On the Intentable dashboard, navigate to the “My token” tab.
2. Choose the token for which you want to set a stop-loss order and click on it.\
   \
   ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXdbpypE_xYFKkefftVVY_a5iSSkhv2CXpigrDs-IhKO5cFIf30HF3UE8UNWsOsHGlnFjul2fxf8pEVKUK859q2AVcoofcu0uBUruSmcTfUG9QofDNqpVblhMebMwHJCmZcOo0xMyv80ZrzRRlo8FMsmamE5?key=Kjn2rF5u_IX7xF6YHwP7iQ)

**Step 2: Choose "Set Stop-Loss" Option**

1. On the pop-up window that appears, click on the "Set Stop-Loss" button.
2. This will open a new panel where you can specify your stop-loss conditions.\
   \
   ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXcutK2RmHA7WotrNgululZrMwvgZ-JA0kSGfHfZusCXfhS3UvzQl-QkcMLCkR9dJOwi0Q51hCor5qloQcyWxl75w_eY2dqwhD5Jo967Mn8b-78SmJS4dxgy0uCKzynJgdVeWJu-sSlZrgYg-puceju1mb7d?key=Kjn2rF5u_IX7xF6YHwP7iQ)

**Step 3: Enter the Stop-Loss Price**

1. Enter the price at which you want the stop-loss order to trigger. For instance, if you bought the token with 0.030 WETH, you might want to set a stop-loss at 0.015 WETH to minimize potential losses.
2. You can also specify the number of tokens to sell when the stop-loss condition is met. For example, as shown in the image, you could choose to sell your full balance of 6,405,162 PEPE if the value drops below 0.015 WETH.\
   \
   ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXe1alKOjp9bZD248MWpAdVsGXToDI3PuNT-fFLngfQIBB2Ocmjbt7Uk-RhJ-wjn03Kqw1NLJRmSq93sDYrrHZRCh7x0eHD3NNxonYPknKPPubVV0UizcgAmfp7bsgLOIw1PeeU9kTUffaMbhKBp-o0D2Sd6?key=Kjn2rF5u_IX7xF6YHwP7iQ)

\ <br>

**Step 4: Set the Duration of the Stop-Loss Order**

1. Define how long you want the stop-loss order to be active. You can set it for 24 hours, 7 days, or even longer depending on your trading strategy, \*after this time frame the stop loss order will be canceled.
2. This feature gives you flexibility based on the token's market behavior.\
   \
   ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXd7LIvJZ_woCojjb2qQlb9C2pWnP4QjQqItMtAtV0U15fdijbybTVFGQll1V8eO612HepEeXAN7KEt4kD5p8UvGEtTwH4gL6hRnL1OLf7GlEprRT0UvhHstYCjENpT8lcp0gMUExww0yrudEloRgrThZdPC?key=Kjn2rF5u_IX7xF6YHwP7iQ)\ <br>

**Step 5: Confirm the Order**

1. Click "Sign and activate" to finalize the stop-loss order.
2. Your connected wallet will prompt you to approve the transaction. Confirm the transaction to successfully set your stop-loss order.

#### Best Practices for Using Stop-Loss Orders

* Use Realistic Stop-Loss Levels: Set a stop-loss that gives the token room to fluctuate naturally, avoiding selling too soon due to normal market volatility.
* Review Market Trends: Analyze the token’s price trends before setting a stop-loss to ensure you're choosing an effective trigger point.
* Combine with Take-Profit Orders: Protect your gains by combining stop-loss orders with take-profit orders, which automatically sell your token once it reaches a certain profit level.

Setting a stop-loss order is crucial to managing risk and securing your trading strategy, especially with memecoins. With Intentable, you have the tools to trade confidently while maintaining control over your investments.

<br>

Protect your investments by setting stop-loss orders - Secure your trades [here](https://app.intentable.io/trading/my_tokens).

<br>