Setting TP/SL When Opening a Position
In the trading terminal:
Choose the trading pair and leverage
Select your order type: Market or Limit
Below the order details, toggle the “TP/SL” option
Enter the target price for Take Profit and Stop Loss
Submit and confirm the transaction in your wallet
The position will be opened with the specified TP/SL.
Adding or Editing TP/SL for an Active Position
If your position is already open:
Go to the “Positions” tab
Click the pencil icon or “Edit TP/SL” next to the relevant position
Enter new values for TP and SL
Confirm and sign the transaction in your wallet
Your changes take effect immediately. There are no fees for editing TP/SL.
Execution Details
EVEDEX uses smart contracts and off-chain triggers to monitor market prices. When the price reaches your TP or SL, a market order is submitted automatically on your behalf. This works without custody - your funds remain in your wallet until the trade is executed.
Keep in Mind
Sudden price spikes may lead to partial or missed fills depending on market conditions
TP/SL helps you control risk without staying at the screen. Use it to lock in profits or exit before price drops too far.
If you have any questions or issues, contact our Support team - available 24/7.