Jupiter is faster than any trading bot
Jupiter is cheaper than any trading tools
Now Jupiter as introduced a feature that will going to eliminate any competitors
Kudos to Jupiter teams 👌
This feature is so important I might just start trading on Jupiter again
I'm honestly shocked that more DeFi platforms don't have trailing stop losses
For people who are busy, it's so much better to set these and look away vs being stressed and having to check constantly
Say Goodbye to Roundtripping 👋
Introducing Trailing Stop Loss, the newest tool in Jupiter Limit Orders.
Old Stop Loss: You buy SOL at $50, set a stop at $45. SOL pumps to $90.
If it dumps, your profits roundtrip into a loss.
Trailing Stop Loss goes up with the price, protecting your profits:
> Set a % trail (0.5% to 90%), instead of a price
> Your stop loss rises as the price rises
> Zero extra fees
> Works with all SPL & Token-2022 (except transfer-fee tokens)
Same trade with TSL: SOL runs to $90, your stop trails up to $81. But when it dips, you auto-sell at $81.
Most stop losses protect your losers. This one ALSO protects your winners.
Just Use Trailing Stop Loss
Be careful. A lot of washed KOLs will launch their own coins, trying to replicate Ansem's success.
They'll pretend someone else launched the coin for them (they launched it themselves, no ones cares about them), and all of them will go to zero.
I also think Ansem's coin will go to zero sooner rather than later, but at least he's a KOL with real motion.
Similar to the celebrity coin trend in 2024, I think it's best to stay away unless you're extremely early (you aren't).
Otherwise you're likely to end up in poverty