> ## Documentation Index
> Fetch the complete documentation index at: https://docs.shuriken.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Exit Strategies

> Automatically attach take profit and stop loss to your trades.

<Info>
  Exit strategies create limit orders automatically when you buy a token.
</Info>

## How Exit Strategies Work

When you buy a token with an exit strategy enabled, the bot automatically creates take profit and stop loss orders based on your selected strategy.

* **Take Profit (TP)**: Sells a portion when price rises to target
* **Stop Loss (SL)**: Sells if price drops to limit

Exit strategies work with both manual buys and signal notification buys.

## Setting a Default Strategy

<Steps>
  <Step title="Open Settings">
    Send `/settings` to open the settings panel.
  </Step>

  <Step title="Tap Exit Strategy">
    Select the Exit Strategy option.
  </Step>

  <Step title="Choose a Strategy">
    Select from preset strategies or your custom templates.
  </Step>
</Steps>

Your default strategy applies to all future buys until you change it.

## Available Presets

| Preset           | Take Profit         | Stop Loss    |
| ---------------- | ------------------- | ------------ |
| No Exit Strategy | None                | None         |
| Free Ride        | 50% at 2x           | None         |
| 25% TP/SL        | 25% gain            | 25% loss     |
| Risk Averse      | None                | 5% loss      |
| Ladder Up        | Scale at 2x, 3x, 5x | None         |
| Tight Trailing   | Trailing at peak    | 10% trailing |
| Conservative     | 50% gain            | 15% loss     |
| Moon or Bust     | 10x target          | 30% loss     |

## Custom Templates

Custom automation templates you create in the Terminal appear in the exit strategy selection list. Create complex multi-step strategies in the Terminal, then use them from Telegram.

## Signal Notification Trades

When you tap **Buy** on a signal notification, your default exit strategy is automatically attached to the trade. This lets you enter positions quickly from alerts while maintaining your risk management rules.

<Tip>
  Set a default exit strategy once, and every buy from signal notifications will have automatic TP/SL protection.
</Tip>

<CardGroup cols={2}>
  <Card title="Settings" icon="gear" href="/telegram-bot/settings">
    Configure your default exit strategy.
  </Card>

  <Card title="Limit Orders" icon="clock" href="/telegram-bot/limit-orders">
    View and manage your active orders.
  </Card>
</CardGroup>