> 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

**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.

<div><figure><img src="/files/g7FUgV515WdQuYPEsvIU" alt=""><figcaption></figcaption></figure> <figure><img src="/files/wVuHgIUlxt6oyAyhDUuz" alt=""><figcaption></figcaption></figure></div>

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 %}

<figure><img src="/files/vJI4aU5fS9wESTMfQ4im" alt=""><figcaption></figcaption></figure>

3. Confirm transaction&#x20;

<figure><img src="/files/oeIK7oqYburLvWoaLoXS" alt=""><figcaption></figcaption></figure>

### 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.

<figure><img src="/files/3LoV58Iqmy6ldbNKdkDZ" alt=""><figcaption></figcaption></figure>

2. Confirm you understand the risk

<figure><img src="/files/7wzjZqpMbwjcPiUxMnBl" alt=""><figcaption></figcaption></figure>

3. Confirm your resell order

<figure><img src="/files/7kLYXQamFllee5ouiUQI" alt=""><figcaption></figcaption></figure>

### 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.

<figure><img src="/files/ybw0iFLAtxancFktslUn" alt=""><figcaption></figcaption></figure>

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.

<figure><img src="/files/iUA4Pkb09jBVXtrM1UNR" alt=""><figcaption></figcaption></figure>

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

<details>

<summary>How do I Resell a Position I've already bought?</summary>

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.

</details>

<details>

<summary>Where can I find my order to resell it?</summary>

You can find your order in the lower-right corner of the trading terminal. If it's not visible, try reloading the page.

</details>

<details>

<summary>Can I change the price when I resell a position?</summary>

Yes, you can manually enter your desired resale price.

</details>

<details>

<summary>What happens during the confirmation process for a resale?</summary>

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.

</details>