🎯 Understanding SL & TP in Crypto Trading

In crypto trading, SL (Stop Loss) and TP (Take Profit) are essential tools for managing risk and locking in gains. A Stop Loss automatically exits your trade if the price drops to a certain level, helping you avoid big losses. Take Profit, on the other hand, closes your trade when your target price is hit, securing your profit before the market reverses.

Using SL and TP keeps emotions out of trading, promotes discipline, and protects your capital.

💡 Tip: Always set SL/TP levels before entering a trade.

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