# Trade Configuration

You can configure each trade with custom settings and also override global [wallet configuration](https://app.gitbook.com/s/8vGfsImoC9lKJGPr4law/~/changes/14/free-features/dex-trading-bot/trading-wallet-configuration). Simply open trade config and set your settings which are the same as in wallet configuration.

<figure><img src="/files/PhxhO5plO4dx5Qayt8Bf" alt=""><figcaption></figcaption></figure>

* **Take Profit**: when enabled you can set a percentage for automatic selling once a token reaches a particular profit percentage.
* **Stop Loss**: when enabled you can set a percentage for automatic selling once a token drops to  the particular loss percentage. You need to set a negative or positive number (while in Wallet Configuration you can set only negative). Positive Stop Loss number can be used when you have for example 150% profit and would like to stop loss if the trade drops to 90% profit, in this case you would set SL to 90.
* **Take Profit / Stop Loss sell amount**: amount of the tokens % to sell when your TP or SL is triggered.
* **Trailing Stop**: when enabled adjusts the stop loss as the token price reaches new highs, ensuring stop loss is moved up during a token's upward movement.
* **Slippage**: accounts for the acceptable price movement during the buy and token taxes.&#x20;
  * For example if your slippage is set to 3% and price of the token changes on 5% before your buy transaction is confirmed - then your transaction will be failed.&#x20;
  * If token buy/sell tax is higher than your buy/sell slippage - your transaction will be failed.
  * If you set high slippage and do not use MEV Guard - there is a high chance your transaction will be sandwiched and you get less tokens or ETH.

<figure><img src="/files/tacdBvMmswooXRSVJkhB" alt=""><figcaption></figcaption></figure>

### Stop Loss notice

In trade configuration Stop Loss % can be both negative and positive number. For example, if the token price is +140% from the initial price, then you can set stop loss to 100 and if the trade profit drops to 100% then your trade will be automatically closed in profit with your stop loss.&#x20;


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