Binance Beginner Series — Day 49 🔰
Topic: Stop-Loss & Stop-Limit Orders (Beginner Friendly)
Ever heard traders say “protect your capital”?
That’s where Stop-Loss comes in 👇
🔻 What is a Stop-Loss?
A stop-loss is an order that automatically sells your coin when price falls to a level you choose.
👉 It helps limit losses when the market suddenly dumps 📉
🛑 Example:
You buy a coin at $100
You set stop-loss at $90
If price drops to $90 → coin sells automatically
✅ You avoid bigger loss if price crashes further
📌 Stop-Limit (on Binance):
On Binance, stop-loss works as Stop-Limit:
Stop price: triggers the order
Limit price: actual selling price
⚠️ Why important?
Crypto is volatile 🌪️
You can’t watch charts 24/7 😴
Stop-loss trades without emotions 🧠
💡 Beginner Tip:
Always set stop-loss before greed or fear controls you.
🔐 Rule of smart trading:
“Protect first, profit later.”
#BinanceBeginners #CryptoBasics #Trading101 #StopLoss 📊🔥
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