What is take profit?

Take profit: An order that sells automatically when the price reaches your target.

With meme coins gains vanish quickly, so selling part of the position at 2x and letting the rest run is a common rule.

Example

Sell half at +100%, the rest at +300%.

Related terms

Stop lossPnL (profit and loss)ROITrading botMEV protectionProfit share

Members see every new call live and can copy the best influencers automatically.

Request access