📘 Crypto glossary from #cryptoland_88

Topic of the day: stop orders and take profits — automated trading without stress.

#Binance #обучение #Трейдинг

🎯 Why is this needed?

You can't sit by the chart 24/7. The market is volatile: the price can sharply shoot up or down.

👉 To secure profits or limit losses — use stop orders and take profits.
🔹 Stop-loss (Stop-loss)

This is insurance against significant losses.

You set the price below which you want to exit the position.

If the price drops to this point — the order will trigger and the trade will close.

📌 Example:

You bought BTC at $60,000 and set a stop at $58,500.

If the price falls — the position automatically closes, you don't lose more than you're willing to.

🔹 Take-profit (Take-profit)

This is securing profits.

You set the price above which you want to sell the asset.

If the price rises to the specified point — the trade will close in profit.

📌 Example:

You bought ETH at $3,000 and set a take profit at $3,300.

If the price rises — you automatically secure +10%.

🔧 Types of stop orders on Binance:

  • Stop-limit: first the trigger (stop price) is activated, then a limit order is placed.

  • Stop-market: as soon as the price is reached — the order is executed at market price.$SOL

💡 Tip: for volatile coins, it's better to use stop-market to exit accurately.

📌 3 tips for calm trading:

  1. Set stop losses immediately after opening a position.

  2. Don't chase 1000% — set reasonable take profits.

  3. Don't move the stop without a plan — the market can punish you.

📲 Summary: Stop and take — these are your bodyguards in the world of crypto. Trade wisely — automate risks and profits.$BTC $BNB

🔗 Subscribe to @Cryptoland_88 — tomorrow we'll explain what long and short mean, and how to earn both on market rises and falls.
👆This article is for informational purposes only and is not investment advice. Thank you for subscriptions, likes, comments!