How to drag and drop your stop-loss and target on the chart

Set and adjust your stop-loss and target by dragging lines directly on the chart — no forms needed after the first time.

Written By Archit Sunat

Last updated 27 days ago

Punch lets you manage your stop-loss and target visually, right on the chart. Drag to set, drag to adjust — it is the fastest way to protect your trades.

The P&L box

When you have an open position, a P&L box appears on the chart at your trade price showing your live profit or loss. Tap it to open a quick menu with four actions:

  • Exit — opens the exit order form

  • Add — opens the order form to add to your position

  • SL — activates drag mode to set a stop-loss

  • TP — activates drag mode to set a target

Once a stop-loss or target is already set, that button hides from the menu since the level is already active on the chart.

Setting SL or TP for the first time

  1. Tap the P&L box on the chart.

  2. Hold and drag the SL or TP button to the price level you want.

  3. As you drag, a line moves on the chart showing the exact price and your risk.

  4. Release to drop it at your chosen level.

  5. A confirmation form appears — review the price, toggle trailing on or off (for SL), and tap Set.

Once you set your stop-loss, if a target is not set yet, the P&L box automatically prompts you to set one — and the other way around.

Adjusting an existing SL or TP

After the first time, adjustments are instant — no confirmation form needed.

Option 1 — Just drag it: Grab the SL or TP line on the chart, drag it to a new price, and release. The order is modified immediately and you will see a confirmation toast.

Option 2 — Tap the line: Tap the SL or TP box on the chart to open an edit menu where you can:

  • Cancel the stop-loss or target

  • Edit via the full protection form (to set exact values)

  • Add or remove trailing (for SL)

Good to know

  • The P&L box shows your trade P&L (not average P&L), and the line sits at your trade price.

  • You can set SL/TP on trades that are immediately profitable — the system handles the direction correctly.

  • You can also set or modify protection from the positions pane if you prefer using forms over dragging.

  • No extra margin is charged for protection orders.