✅ How to Use Trailing Stop on Binance to Protect Your Profits 🟡
Bought XYZ at $100 and want to lock in gains as it rises—without fixing a sell price?
Trailing Stop is your new best friend! 🚀
How it works:
It follows the price UP automatically and sells if price drops by your chosen % — no constant market watching needed!
Set it up in 5 easy steps:
1️⃣ Log into Binance.
2️⃣ Go to Trade > select your pair (e.g., XYZ/USDT).
3️⃣ Choose Sell, then pick Trailing Stop as order type.
4️⃣ Set:
• Activation Price (optional) — where trailing starts, e.g., $105
• Callback Rate — % drop from peak to trigger sell, e.g., 5%
• Amount to sell.
5️⃣ Hit Sell and relax!
⚠️ Example: If price hits $110 and then drops 5%, your sell triggers near $104.50 — securing profit!
No more FOMO or panic selling. Let Binance do the work for you. 💪#SaylorBTCPurchase #BinanceAlphaAlert #ETHMarketWatch #TrumpTariffs