Even if the market reverses!
Trailing stop is a smart stop-loss that moves with the price, securing profit when it reverses. Here’s how to set it up:
🔹 Step 1: Choose the type of order
On Binance there are 2 options:
1. Trailing Stop Limit (for precise entry)
2. Trailing Stop Market (for guaranteed execution)
👉 It’s better to use Market — it will trigger accurately, even if the price drops sharply.
🔹 Step 2: Set the parameters
- "Callback Rate" (%) — by how much % the price should retrace from the maximum for the stop to activate.
Example: if the price increased by 10%, and Callback = 3%, then the order will secure profit when it retraces by 3% from the peak.
- "Quantity" — position size.
🔹 Step 3: Example of operation
📈 BTC price is rising:
- Was: $60,000
- Now: $66,000 (+10%)
📉 The market is reversing:
- Retracement by 3% from $66,000 → $64,020
- Trailing stop will sell BTC at ~$64,020, securing profit!
💡 Why is this cool?
✅ Automatically protects profit
✅ No need to watch the chart 24/7
✅ Works for both long and short
⚠️ Important!
- On Binance futures, trailing stop works only through a Trading bot (but can be set manually via Stop-Loss + scripts).
- In the spot market — only through API or bots (but sometimes available in the mobile application).
👉 How do you use trailing stop? Share in the comments!
#BinanceAlphaAlert #CryptoAdoption #Bitcoin2025 #BinancelaunchpoolHuma #SaylorBTCPurchase