How to use stop loss on binance

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TL;DR Stop-loss and take-profit levels are two fundamental concepts that many traders rely on to determine their trade exit strategies depending on how much risk make more informed decisions about.

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BINANCE - FUTURES - HOW TO SET TAKE PROFIT AND STOP LOSS - TUTORIAL
In the "Order Type" section, select "Stop Limit". Connect your Binance Account with Binance API Keys ; Go to the Exchanges tab, find Binance and choose a coin you want to buy or sell ; Set Stop Loss Binance order. 1. Log in to your Binance account and go to [Trade] - [Spot]. Select either [Buy] or [Sell], then click [Stop-limit].

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calendar_month 26.01.2023

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When trading futures, traders need to manage risks properly to stay consistent in maximizing returns. However, the price applied for the transaction may be different from the one defined by the user. Be aware that each trade you enter requires an exit point because no one knows what will happen in the cryptocurrency markets on any given day. Binance Stop Loss orders may be attached to every order you send trailing, market, or limit with one click, with no balances locked until activated.