> For the complete documentation index, see [llms.txt](https://docs.whales.market/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.whales.market/pre-market/resell-position/user-guide.md).
# User Guide
How to trade with Resell Position
**Resell Position** is a feature on Whales Market that allows you to exit your pre-market position and either take profit or cut losses before the Token Generation Event (TGE). Here’s a quick guide on how to use it.
{% hint style="warning" %}
In the first phase, the resell position mechanism will only apply to **Buy orders**. Sell-side exits will be supported in future updates.
{% endhint %}
### 1. How to resell your position
**Following these steps:**
1. To resell a position, go to the Dashboard or Trading Terminal of the token you purchased, then click **Resell** on your filled buy order.
2. Next, enter the amount and set your price.
{% hint style="danger" %}
To safeguard buyer interests, orders cannot exceed a 80% increase from their original price.
{% endhint %}
3. Confirm transaction
### 2. How to buy a Resell Position
**Following these steps:**
1. To buy a Resell Position, go to the Trading Terminal of the token you want to purchase, select an order tagged **“RS”**, and then enter the amount you want to buy.
2. Confirm you understand the risk
3. Confirm your resell order
### 3. Resell Position risk
When you buy a Resell Position, the system evaluates the previous buyer profit to determine its risk level.
**There are 3 possible risk levels:**
* **Low-Risk (Prev Buyer Profit < 50%)**
No warning message will appear. You can purchase the position as usual.
* **Medium-Risk (Prev Buyer Profit ≥ 50% and < 75%)**
A Medium-Risk warning will be displayed. The position carries a moderate level of risk, so consider carefully before buying.
Example:
> Original price: $0.10
>
> Resell entry price: $0.16
>
> Previous Buyer Profit = +60%
>
> → This falls between 50%–75%, so the system will show a Medium-Risk warning.
* **High-Risk (Prev Buyer Profit ≥ 75%)**
A “High-Risk” warning will be displayed.
Example:
> Original price: $0.10
>
> Resell entry price: $0.18
>
> Previous Buyer Profit = +80%
>
> → This is above 75%, so the system will show a High-Risk warning and require your confirmation before buying.
***
### FAQ
How do I Resell a Position I've already bought?
You can resell a position via the Whales Pro Dashboard or Trading Terminal:
* Step 1: Go to the Whales Pro Dashboard and view your filled buy orders.
* Step 2: Select the order you want to resell.
* Step 3: Enter your desired resale price.
* Step 4: Sign the transaction in your wallet to complete the resale.
Where can I find my order to resell it?
You can find your order in the lower-right corner of the trading terminal. If it's not visible, try reloading the page.
Can I change the price when I resell a position?
Yes, you can manually enter your desired resale price.
What happens during the confirmation process for a resale?
After entering your price, you'll need to confirm the transaction in your wallet. A confirmation screen will display all the details, including the resale price, fees, and the amount you are set to receive.
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