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Presets Guide (Exit Strategies)

Automate your exits with presets. Set take-profit and stop-loss rules that automatically sell your positions when price targets are hit.

Before You Start​

  • What are presets? Pre-configured exit rules that automatically place sell orders when you buy a position.
  • Two rule types: Take Profit (sell on gains) and Stop Loss (limit losses).
  • Coverage: Each rule specifies what percentage of your position to sell.
  • Execution: Take-profit rules place limit orders; stop-loss rules create protective stop orders.
Why Use Presets?

Presets help you lock in profits and limit losses automatically, without watching the market. Set your strategy once and let PolyBot execute it.

How Presets Work​

  1. You create a preset with one or more exit rules.
  2. After buying a position, you apply the preset (manually or automatically).
  3. PolyBot places the appropriate orders:
    • Take Profit: Limit sell orders at your target prices.
    • Stop Loss: Protective orders that trigger if price drops.
  4. When price hits your targets, shares are sold automatically.

Quick Presets​

PolyBot offers four pre-built presets for common strategies:

PresetTake ProfitStop LossStrategy
🛡️ Conservative+30% → Sell 100%-20% → Sell 100%Balanced risk/reward
🔥 Aggressive+50% → Sell 100%-10% → Sell 100%High targets, tight stops
⚖️ Balanced+25% → Sell 50%, +50% → Sell 50%-15% → Sell 100%Scale out profits
📈 Scalper+10% → Sell 100%-5% → Sell 100%Quick small gains

Using a Quick Preset​

  1. Command: /preset.
  2. Select one of the quick presets.
  3. Optionally set it as your default.
  4. Done! Apply it to positions after buying.

Screenshot

Creating Custom Presets​

Build your own exit strategy with custom rules.

Step 1: Start Creation​

  1. Command: /preset or go to Presets → ➕ New Preset.
  2. Choose ✏️ Create Custom.

Step 2: Name Your Preset​

Enter a name (e.g., "My Strategy", "Crypto Exits").

Step 3: Add Rules​

For each rule, specify:

  1. Rule Type: Take Profit or Stop Loss
  2. Trigger %: When to trigger (e.g., +25% for TP, -15% for SL)
  3. Sell %: How much of your position to sell (25%, 50%, 75%, or 100%)

Take Profit Triggers: +10%, +25%, +50%, +100%, +150%, +200%, +300% (or custom)

Stop Loss Triggers: -5%, -10%, -15%, -20%, -25%, -30% (or custom)

Step 4: Review Coverage​

The coverage bar shows how much of your position is allocated:

🔒 Position Coverage:
├ TP: ████████░░ 80%
└ SL: ██████████ 100%
  • Each rule type (TP and SL) can total up to 100%.
  • You can have multiple TP rules that add up (e.g., 50% at +25%, 50% at +50%).

Step 5: Save​

  1. Tap ✅ Done when finished adding rules.
  2. Choose whether to set as default.

Screenshot

Understanding Rules​

Take Profit Rules​

Sell when price increases by a percentage from your entry.

Example: Buy at 50¢, set +20% take profit.

  • Target price: 50¢ × 1.20 = 60¢
  • When price reaches 60¢, your shares are sold via limit order.

Multiple Take Profit Rules:

📈 Take Profit:
   • At +25% → Sell 50%
   • At +50% → Sell 50%

This scales out — sell half at +25%, remaining half at +50%.

Stop Loss Rules​

Sell when price decreases by a percentage from your entry.

Example: Buy at 50¢, set -20% stop loss.

  • Trigger price: 50¢ × 0.80 = 40¢
  • If price drops to 40¢, your position is sold to limit losses.
Stop Loss Behavior

Stop loss orders execute at market price when triggered. The actual sell price may differ slightly from the trigger price due to market conditions.

Applying Presets​

Manual Application (After Buy)​

After completing a market buy, a carousel appears:

  1. Browse your presets using ⬅️ Prev / Next ➡️.
  2. Tap 📈 Details to view the rules.
  3. Tap ✅ Apply to activate the preset.
  4. Or tap ➡️ Skip to not apply any preset.

Auto-Apply Default Preset​

Have your default preset apply automatically to every purchase:

  1. Go to ⚙️ Settings.
  2. Enable Auto-Apply Preset.
  3. Now your default preset applies to all new positions automatically.
tip

Set a default preset and enable auto-apply for hands-free exit management.

Managing Presets​

Viewing Your Presets​

  • Command: /preset.
  • See all presets with rule counts.
  • Default preset is marked with ⭐.

Editing a Preset​

  1. Open the preset.
  2. Tap ✏️ Edit Rules.
  3. Modify, add, or remove rules.
  4. Changes are saved automatically.

Setting a Default​

  1. Open the preset.
  2. Tap ⭐ Set as Default.
  3. This preset will appear first in the carousel and be used for auto-apply.

Renaming a Preset​

  1. Open the preset.
  2. Tap 🏷️ Rename.
  3. Enter the new name.

Deleting a Preset​

  1. Open the preset.
  2. Tap 🗑️ Delete.
  3. Confirm deletion.
warning

Deleting a preset does not cancel orders that were already placed. Those orders remain active until filled or manually canceled.

Active Presets & Orders​

When you apply a preset:

  1. Take Profit orders are placed as limit sell orders on the Polymarket orderbook.
  2. Stop Loss orders are created as protective orders monitored by PolyBot.

Viewing Active Orders​

  • Go to 📈 Limit Orders to see your take-profit limit orders.
  • Go to 🛡️ Stop Loss to see your stop-loss orders.

Canceling Applied Presets​

If you want to cancel all orders from an applied preset:

  1. Go to your portfolio position.
  2. The applied preset is shown.
  3. Cancel individual orders or the entire preset.

Price Calculations​

Take Profit Target Price​

Target Price = Entry Price × (1 + Trigger% / 100)

Examples (Entry at 50¢):

TriggerCalculationTarget
+25%50 × 1.2562.5¢
+50%50 × 1.5075¢
+100%50 × 2.00100¢ (invalid*)

*Prices must be between 1¢ and 99¢. Rules with invalid target prices are skipped.

Stop Loss Trigger Price​

Trigger Price = Entry Price × (1 - |Trigger%| / 100)

Examples (Entry at 50¢):

TriggerCalculationTarget
-10%50 × 0.9045¢
-20%50 × 0.8040¢
-30%50 × 0.7035¢

Constraints & Limits​

ConstraintValue
Max coverage per rule type100%
Minimum shares per order5 shares
Valid price range1¢ – 99¢
Rules with invalid pricesAutomatically skipped

What Happens with Small Positions?​

  • If a rule would result in fewer than 5 shares, that order is skipped.
  • Example: You hold 8 shares, rule says sell 50% (4 shares) — order is skipped because 4 < 5.

Commands​

CommandWhat It Does
/presetOpen presets menu

Example Strategies​

Conservative Long-Term​

Good for positions you expect to grow steadily:

Take Profit: +50% → Sell 100%
Stop Loss: -25% → Sell 100%

Scale-Out Strategy​

Lock in profits progressively:

Take Profit: +20% → Sell 33%
Take Profit: +40% → Sell 33%
Take Profit: +60% → Sell 34%
Stop Loss: -15% → Sell 100%

Tight Risk Management​

For volatile markets:

Take Profit: +15% → Sell 100%
Stop Loss: -10% → Sell 100%

Troubleshooting​

  • Preset not applying: Ensure you have a position and the preset has valid rules for your entry price.
  • Order not placed: Check if calculated shares meet the 5-share minimum.
  • Invalid target price: Prices outside 1¢–99¢ are invalid. Adjust your trigger percentage.
  • Auto-apply not working: Verify auto-apply is enabled in Settings and you have a default preset set.
  • Orders still active after deleting preset: Deleting a preset doesn't cancel existing orders — cancel them manually.
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