> ## Documentation Index > Fetch the complete documentation index at: https://docs.kalshi.com/llms.txt > Use this file to discover all available pages before exploring further. # Set Isolated Exit Trigger > Endpoint for setting a stop-loss / take-profit bracket or a trailing stop on the isolated margin position for a market. Requires an open position, closes it in full, and fires reduce-only orders. ## OpenAPI ````yaml /perps_openapi.yaml put /margin/isolated/positions/{ticker}/exit_trigger openapi: 3.0.0 info: title: Kalshi Trade API Manual Endpoints version: 0.0.1 description: >- Manually defined OpenAPI spec for endpoints being migrated to spec-first approach servers: - url: https://external-api.kalshi.com/trade-api/v2 description: Production perps REST API server - url: https://external-api.demo.kalshi.co/trade-api/v2 description: Demo perps REST API server security: [] tags: - name: account description: Account information endpoints - name: fcm description: FCM member specific endpoints - name: exchange description: Exchange status and information endpoints - name: market description: Market data endpoints - name: orders description: Order management endpoints - name: order-groups description: Order group management endpoints - name: portfolio description: Portfolio and balance information endpoints - name: risk description: Margin risk metrics, parameters, and limits - name: funding description: Funding rates and payment history - name: fees description: Margin fee schedule - name: exit-triggers description: Stop-loss, take-profit, and trailing-stop triggers on margin positions paths: /margin/isolated/positions/{ticker}/exit_trigger: put: tags: - exit-triggers summary: Set Isolated Exit Trigger description: >- Endpoint for setting a stop-loss / take-profit bracket or a trailing stop on the isolated margin position for a market. Requires an open position, closes it in full, and fires reduce-only orders. operationId: SetIsolatedMarginExitTrigger parameters: - $ref: '#/components/parameters/ExitTriggerTickerPath' requestBody: required: true content: application/json: schema: $ref: '#/components/schemas/SetIsolatedExitTriggerRequest' responses: '200': description: Exit trigger set successfully content: application/json: schema: $ref: '#/components/schemas/ExitTrigger' '400': $ref: '#/components/responses/BadRequestError' '401': $ref: '#/components/responses/UnauthorizedError' '403': $ref: '#/components/responses/ForbiddenError' '404': $ref: '#/components/responses/NotFoundError' '409': $ref: '#/components/responses/ConflictError' '429': $ref: '#/components/responses/RateLimitError' '500': $ref: '#/components/responses/InternalServerError' security: - kalshiAccessKey: [] kalshiAccessSignature: [] kalshiAccessTimestamp: [] components: parameters: ExitTriggerTickerPath: name: ticker in: path required: true description: Ticker of the market whose position the trigger protects. schema: type: string schemas: SetIsolatedExitTriggerRequest: type: object description: >- For `bracket`, supply `stop_loss_price` and/or `take_profit_price`. For `trailing`, supply exactly one of `trail_amount` or `trail_bps`. Fields belonging to the other kind are rejected, as is a body that sets neither — cancel with `DELETE`. A leg you omit is cleared. properties: kind: allOf: - $ref: '#/components/schemas/ExitTriggerKind' default: bracket description: Which trigger family this write targets. Defaults to `bracket`. stop_loss_price: $ref: '#/components/schemas/FixedPointDollars' description: Mark price at which the stop-loss leg fires. Bracket only. take_profit_price: $ref: '#/components/schemas/FixedPointDollars' description: Mark price at which the take-profit leg fires. Bracket only. trail_amount: $ref: '#/components/schemas/FixedPointDollars' description: >- Absolute trailing distance in dollars. Trailing only; mutually exclusive with `trail_bps`. trail_bps: type: integer minimum: 1 maximum: 9999 description: >- Trailing distance in basis points of the tracked watermark (not the entry price). Trailing only; mutually exclusive with `trail_amount`. ExitTrigger: type: object required: - id - ticker - kind - status - count - filled_count - created_time - updated_time properties: id: type: string description: Unique identifier for this trigger. ticker: type: string description: Market the protected position is on. kind: $ref: '#/components/schemas/ExitTriggerKind' status: $ref: '#/components/schemas/ExitTriggerStatus' status_reason: $ref: '#/components/schemas/ExitTriggerReason' triggered_leg: $ref: '#/components/schemas/ExitTriggerLeg' description: Leg that fired the last time the trigger fired. triggered_order_id: type: string description: >- Order placed the last time the trigger fired. An order-anchored trigger keeps it after returning to `pending_on_entry`, so its presence does not mean the trigger is done. anchor_order_id: type: string description: >- Order this trigger follows, for order-anchored triggers. Cleared once that order reaches a terminal state, so use `client_trigger_id` to correlate a trigger with the request that made it. client_trigger_id: type: string description: The idempotency key the create supplied, for appending creates. stop_loss_price: $ref: '#/components/schemas/FixedPointDollars' description: Stop-loss leg price. Bracket triggers only. take_profit_price: $ref: '#/components/schemas/FixedPointDollars' description: Take-profit leg price. Bracket triggers only. trail_amount: $ref: '#/components/schemas/FixedPointDollars' description: Absolute trailing distance. Trailing triggers only. trail_bps: type: integer description: >- Trailing distance in basis points of the watermark. Trailing triggers only. watermark_price: $ref: '#/components/schemas/FixedPointDollars' description: >- Most favorable liquidation mark seen since creation — the peak for long positions, the trough for short. Trailing triggers only. effective_stop_price: $ref: '#/components/schemas/FixedPointDollars' description: >- Level whose breach fires the stop: watermark minus the trail for longs, plus for shorts. Trailing triggers only. count: $ref: '#/components/schemas/FixedPointCount' description: >- Contracts this trigger closes when it fires. `0` means the whole position. filled_count: $ref: '#/components/schemas/FixedPointCount' description: Contracts closed so far across fire attempts. created_time: type: string format: date-time updated_time: type: string format: date-time ExitTriggerKind: type: string description: >- Trigger family. `bracket` is a stop-loss / take-profit pair; `trailing` is a trailing stop whose stop level ratchets with the liquidation mark. enum: - bracket - trailing FixedPointDollars: type: string description: >- Fixed-point US dollar string. Most request fields accept 2-4 decimal places (e.g., "0.56", "0.5600"); responses emit up to 6. Valid quote intervals for a given market are constrained by that market's price level structure. example: '0.5600' ExitTriggerStatus: type: string description: >- `pending_on_entry` awaits an initial or further fill from the anchor order before arming — an order-anchored trigger returns here after closing its current quantity, so this status can follow `active` and carries a non-zero `filled_count` when it does. `active` is live and evaluated against the mark each tick. `filled`, `failed`, and `canceled` are terminal. enum: - pending_on_entry - active - filled - failed - canceled - unknown ExitTriggerReason: type: string description: Why the trigger reached its terminal status. enum: - user_canceled - position_closed - entry_not_filled - order_rejected - position_flipped ExitTriggerLeg: type: string description: Which leg of a bracket fired. Present only once a leg has fired. enum: - stop_loss - take_profit FixedPointCount: type: string description: >- Fixed-point contract count string (2 decimals, e.g., "10.00"; referred to as "fp" in field names). Requests accept 0-2 decimal places (e.g., "10", "10.0", "10.00"); responses always emit 2 decimals. Fractional contract values (e.g., "2.50") are supported; the minimum granularity is 0.01 contracts. example: '10.00' ErrorResponse: type: object properties: code: type: string description: Error code message: type: string description: Human-readable error message details: type: string description: Additional details about the error, if available responses: BadRequestError: description: Bad request - invalid input content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' UnauthorizedError: description: Unauthorized - authentication required content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' ForbiddenError: description: Forbidden - insufficient permissions content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' NotFoundError: description: Resource not found content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' ConflictError: description: Conflict - resource already exists or cannot be modified content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' RateLimitError: description: >- Rate limit exceeded. The default cost is 10 tokens per request. Use GET /trade-api/v2/account/endpoint_costs to list non-default endpoint costs. content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' InternalServerError: description: Internal server error content: application/json: schema: $ref: '#/components/schemas/ErrorResponse' securitySchemes: kalshiAccessKey: type: apiKey in: header name: KALSHI-ACCESS-KEY description: Your API key ID kalshiAccessSignature: type: apiKey in: header name: KALSHI-ACCESS-SIGNATURE description: RSA-PSS signature of the request kalshiAccessTimestamp: type: apiKey in: header name: KALSHI-ACCESS-TIMESTAMP description: Request timestamp in milliseconds ````