An entry rule decides when a bot buys. Exits decide how each trade ends. A bot without a stop loss has no limit on what one trade can lose.
The exits you can set
| Exit | What it does |
|---|---|
| Stop loss | Sells if the price falls a set distance below what the bot paid. |
| Profit targets | Sells part or all of the position at up to three prices above the entry. |
| Trailing stop | Follows the price up and sells if it falls back by a set distance. |
| Time limit | Closes a trade that has been open longer than you allow. |
| Exit signal | Sells when a rule you wrote becomes true, such as RSI crossing above 65. |
Set them in the Exits & protection step of the builder, or ask Nos to change them on a bot that’s already running.
Choosing a stop distance
A close stop limits each loss and gets hit more often by normal swings. A wide stop is hit less often and costs more each time. Test both on the coin you plan to trade.
When a bot has no stop loss
Tradenos tells you. The bot’s face shows an amber dot, the Dashboard lists it under what needs your attention, and Nos offers to add a stop to every bot without one.
What a stop loss can’t do
A stop loss is an instruction, not a guarantee. In a fast market the order can fill at a worse price than your stop. Binance decides the fill.