Have you heard about the OCO order? 🤔
A magical tool that protects your profits and reduces your losses at the same time! ✅
Simply put, OCO = two orders in one:
1️⃣ A sell order at a profit target (limit sell)
2️⃣ A stop-loss order to protect you from a drop (stop-limit)
🛑Note: If you want to earn free coins انقر هنا 💸🤑🤑
Illustrative example:
Suppose you bought a coin for $100,
You place a sell order at 120$ (take profit)
And you place a stop-loss order at $95
If the price reaches $120: profit is realized
If the price drops to $95: it sells automatically to avoid losses
And the other order is automatically canceled!
An ideal tool to sleep while being at peace! 😴
Do you use OCO in your trades? Share your experience or inquiry in the comments!