[GUIDE] Advanced Stop Loss Strategies

Sup, fellow degens! Your friendly neighborhood shitcoin enthusiast back again with some advanced strats for riding the Solana rollercoaster. Just wanna spice things up during this uneventful, sideways market.

Last time some of you complained that the basic auto sell was too basic (I mean… that’s why it’s called basic auto sell), but today we’re diving into the deep end of the stop loss pool, which will cover the most important grid stop loss strategies.

Why Basic Stop Loss Ain’t Cutting It

If you’re still using basic stop loss, you might as well be trading with a rusty spoon. Sure, it’ll keep you from losing your shirt, but it’s about as sophisticated as a toddler’s crayon drawing.

In the wild west of shitcoins, you need tools sharper than a samurai’s blade. That’s where these grid stop loss strategies come in.

What is a GRID sell?

A grid sell strategy means that you sell at different price points. For example, a simple grid strategy can involve one price decrease stop and 3 price increase stops, such as:

• Sell 100% at 10% price DECREASE
• Sell 50% at 25% price INCREASE
• Sell 25% at 50% price INCREASE
• Sell 25% at 100% price INCREASE

The example above is the first of our Holy Trinity of grid sell strategies.

The Holy Trinity of Advanced Grid Stop Loss

For simplicity purposes, I’m gonna list the three more advanced stop-loss strategies and give some elementary details about them. In upcoming guides, if you guys are interested, I’m gonna cover in detail each of them. Onto the holy trinity of Grid Stop-Losses:

1. Static Stop Loss: We already covered this one with an example. This is the OG of stop losses. Set it and forget it. But there’s more to it than meets the eye when you’re dealing with volatile af tokens.

2. Trailing Stop Loss: This bad boy follows the price like a lovesick puppy. It’s your best friend when you’re riding a pump to the moon. In simple terms, your DECREASE sell follows (trails) the ATH price. For example, if you set your trailing stop loss at 10% DECREASE, the price increases from 1 SOL to 1.5 SOL, your Sell will trigger at 1.35 SOL (trailing at 10% from ATH).

3. Breakeven Stop Loss: For when you want to lock in profits but still let your winners run. It’s like having your cake and eating it too. With this strategy you sell a portion of your position when you reach Break-even, then hold onto the rest in case your position moons. If it drops, you sell the remaining amount at a price point where you Break-even, getting you at the starting position and saving you from a potential loss.

Now, I could spend the next hour breaking down each of these in detail, but I ain’t got time for that, and let’s be real, most of you smooth-brained apes would probably zone out halfway through.

Buuuut, I promise I’ll write articles about each of these strategies if at least one of you is interested.

So make sure to follow me and check back in a few days for the next guides.

The Secret Sauce

Here’s the thing, apes. These strategies ain’t worth jackshit if you’re trying to implement them manually. Unless you’ve got eyeballs on 12 monitors and fingers faster than a hummingbird on crack, you’re gonna get rekt.

That’s why the real pros use bots. Yeah, I said it. BOTS. If you ain’t botting in this market, you’re basically bringing a knife to a gunfight. And your friendly neighbor BonkBot or Trojan just isn’t cut for this. It’s too slow, it’s on freaking Telegram and doesn’t have any of these features for executing these strategies.

The Degen’s Dilemma

Now, I know there will be one of you here who will say “But solanaReformer, isn’t using bots cheating?”

Listen here, you beautiful idiot. In the world of Solana shitcoins, there are two types of traders: those who use bots, and those who become exit liquidity for those who use bots. Which one do you wanna be?

Wrapping It Up

Look, I’ve given you a peek behind the curtain. These advanced stop loss strategies are the secret weapons of the shitcoin elite. But knowing about them is only half the battle. The real magic happens when you can implement them faster than a TikTok trend.

So, what are you gonna do with this info? Keep fumbling around with manual trades like a boomer with a smartphone? Or are you gonna level up and join the bot revolution?

The choice is yours, degens.

Stay frosty, and may your bags be ever pumping!