> For the complete documentation index, see [llms.txt](https://documentation.kodiak.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://documentation.kodiak.finance/user-guide/stop-loss.md).
# Stop Loss
#### What is Stop Loss
A **Stop Loss** order is an advanced trading tool that enables users to limit potential losses by selling a token if its price moves against their position. For example, suppose a token’s price drops by a predetermined percentage. A stop-loss order helps ensure it is sold at the best available price, protecting the user’s portfolio from further losses.
#### Walkthrough
In this example we will create a Stop Loss order to sell BERA at a price of $0.01 when the mark price is around $0.6.
To place Take Profit order navigate to [Swap Page](https://app.kodiak.finance/#/swap?inputCurrency=BERA\&outputCurrency=0xFCBD14DC51f0A4d49d5E53C2E0950e0bC26d0Dce\&chain=berachain_mainnet) and select the Advanced tab, then open the SL sub-tab.
* Set the Trigger Price to 0.01 or enter the gain percentage value, entering one automatically calculates and updates the other.
* Limit Price *(optional)*: Stop Loss limit orders protect against receiving a worse price than your specified limit. Once the stop price is triggered, the order will execute only at the limit price or better. The downside is that if the market price falls below your limit, the order may not execute at all.
* Click on Place order which opens the order summary pop-up. You must review the trade details carefully and accept the disclaimer to place your Stop Loss order.
* After clicking on Submit you will see the following transaction popup.
* If this is the first time using this input token with advanced orders on Kodiak you will need to approve your input tokens for swapping.
* After approvals, you will see another transaction to create the Stop Loss order.
* Once signed, You have successfully created the Stop Loss order.
#### Order History
You can see all your created, pending, executed and cancelled orders, their status and manage them from the Orders button.
* You can filter the order history using this dropdown.
We can see the latest order we created here.
Click on desired order to see its current execution status and order details. You can also cancel any pending orders from here.