#StopLossStrategies A stop-loss strategy on Binance helps traders manage risk by automatically selling an asset when its price drops to a predetermined level. This prevents further losses in volatile markets. Binance offers different types of stop-loss orders, such as “Stop-Limit” and “Stop-Market.” In a Stop-Market order, once the stop price is reached, a market order is triggered, ensuring quick execution. In a Stop-Limit order, the trade is executed at a specific price or better, offering more control. Traders use stop-loss to protect profits, limit emotional trading, and maintain a disciplined approach. Proper placement of stop-loss levels is key for effective risk management.