Ever wonder how to gain profit from trading?
One way is by using selling short strategies.
Use a minimum balance of $10.000USDT to do this.
○Set a target price for the tradingpair of your choice. You could wait until mark price been reached, then you open a Market position by Sell.
○Or you could target the Sell price, then set your Sell Limit position . When the market price reaches your Sell Limit target position, then the open position of your EntryPrice will be conducted.
After Entry position been there, you could set your SL/TP . If its a Short or Sell Position
then your target price of Take Profit is below your EntryPrice.
You could also do this SL/TP earlier before the set target EntryPrice been reached.
Checkout this re-post blog of more comprehensive detail instruction on how to sell short and manage your risk.
Short selling can be rewarding — if you manage the risks. Learn how to safeguard your trades using strategies and Binance Margin’s risk tools.