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How do I set a Take Profit or Stop Loss order?

Author: nicolas tang

If you are placing an order for the first time, please view How do I place a Perpetual Contract Order? Follow the instruction to successfully place an order with a Take Profit, Stop Loss, or both conditions.

If you wish to set Take Profit or Stop Loss conditions to positions that you have already opened, perform the following steps:

  1. Log in to Phemex.com and click the Contract Trading button.
  2. From your Open Positions tab, click on -/-(-) under the TP/SL(Trailing Stop) column for the target symbol you wish to work with.
  3. In the new window that appears, check either Take ProfitStop Loss, or both.
  4. For each order that you choose, set a trigger price manually or choose a set percentage.
  5. Click Confirm.


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