door-openExit Strategies

Soda's advanced Exit Strategies let you automate trade exits based on predefined conditions. Set your profit targets and stop losses upfront, and let Soda handle the rest.

Exit strategies are available for both Market Buy and Buy Dip Limit Orders, making them ideal for any trading strategy.

How to Set Up an Exit Strategy

When placing a buy order, enable the Exit Strategy checkbox to open the configuration panel.

You can define up to 5 individual exit conditions, each consisting of:

Parameter
Description

Trigger Type

TP (Take Profit) or SL (Stop Loss)

Price Change

The percentage change that triggers the sell (+ for TP, - for SL)

Amount

The percentage of your total position to sell when triggered

Example Configuration

Condition
Trigger
Price Change
Amount

1

TP

+20%

30%

2

TP

+50%

30%

3

SL

-10%

40%

In this example:

  • 30% of your position sells if price goes up 20%

  • Another 30% sells if price goes up 50%

  • 40% sells if price drops 10%

How Exit Strategies Execute

  • Once the order is placed, exit conditions are applied automatically.

  • Exit orders are submitted as market sells when conditions are met.

  • Exit strategies apply only to the specific buy order they are configured with.

  • You can review and modify exit settings before placing the order. After confirmation, they cannot be edited.

Sell Initials

Sell Initials is a one-click sell option that lets you instantly recover your initial investment, selling just enough tokens to break even while keeping the rest as pure profit.

How It Works

  1. You buy a token for 1 SOL.

  2. The price increases +100%.

  3. You click Sell Init.

  4. Soda sells approximately 50% of your tokens (worth 1 SOL).

  5. You now hold the remaining tokens entirely in profit.

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