A new trading tool built for the Internet Computer ecosystem is preparing to go live this week, with its developer offering a candid explanation of how one of its core features will operate in practice.
Posting on X, Snassy ICP outlined how stop losses function within the Sneed Trading Bot, which is set to launch on Sneed Hub. The post focused on what is described as a “synthetic stop loss”, designed to work within a bundled set of automated trade actions.
According to the explanation, range buys, range sells and stop losses are grouped together in what the bot calls a “chore”. These chores execute at fixed intervals, typically every 15 minutes, though users can configure shorter cycles. When the chore runs, it checks price conditions across supported decentralised exchanges, currently ICPSwap and Kong, and then executes the relevant actions.
This structure means a stop loss will not trigger at the exact moment the market touches a pre set level. Instead, it activates when the scheduled chore next runs and detects that price has moved into the stop range. In practical terms, that could mean a delay of up to 15 minutes, depending on the interval chosen.
The developer noted that even traditional exchange based stop losses do not always operate as instantly as many retail traders assume. On most centralised platforms, stop orders are monitored by a separate system which, once a trigger price is reached, submits the order into the exchange’s order book. The difference lies in frequency and infrastructure. Exchanges typically check prices far more often and may maintain functionality even if external APIs experience disruption.
By contrast, Sneed’s approach relies on exchange APIs being operational at the time the chore runs. Evaluation of stop losses and other controls, such as circuit breakers, takes place strictly within the configured bot interval. A five minute cycle has been suggested as a practical lower boundary for users who want tighter responsiveness.
The post appears aimed at managing expectations before release, particularly for users new to automated trading. Sneed Trading Bots are positioned as fully on chain and non custodial, meaning users retain control of their assets rather than depositing funds with a central intermediary. That architecture brings transparency and self custody, though it also shapes how execution timing works.
With the launch scheduled for this coming week, the clarification may help reduce confusion once trading goes live. As automated tools continue to expand within decentralised finance, clear communication around mechanics and risk remains as important as the code itself.
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