Percentages are return on margin
Levels in percent are your return on the margin you put up, not the price move. At 2x leverage, +10% means the price moved 5% your way. At 10x, a −5% stop loss is a 0.5% price move against you.Set them from a card
On a position’s card, tap 🎯 or 🛡. Pick one of the levels, or tap ✏️ Type a price or % for your own. Before anything is placed, you see the trigger price and what you would make or lose there. Tap ✅ Set take profit at … (or stop loss) to place it. To remove one, tap 🗑 Turn take profit off or 🗑 Turn stop loss off. You can also add them when you open a trade with ✏️ Custom: the bot places them from the fill price as soon as the order fills.Or type them
A level you type is shown with what it would do before it’s placed.
When they fill
The bot messages you when a take profit or stop loss fills, with the size, price, realized PnL, Hyperliquid’s fee and the bot fee. It also tells you if one triggers but Hyperliquid can’t fill it, for example when the price moves past its 10% slippage limit, so your position is still open. See Alerts. In Lance Trade, add a take profit and stop loss in the order panel with a market order, or set them from Positions after a limit order fills.Risk warning. Trading perpetual futures with leverage is high risk. Prices can move fast and you can lose all the money you put in. Lance is software: it does not give investment advice, manage money or trade on anyone’s behalf. Trades are executed on Hyperliquid, a third-party exchange that is not affiliated with Lance. Lance is not available to persons in the United States, the United Kingdom and sanctioned countries. Nothing on this site is an offer or solicitation where it would be unlawful. Full risk disclosure