Are you placing trades but unsure when to exit? Let’s break down TP (Take Profit) and SL (Stop Loss) in simple trader language.
🎯 TP – Take Profit (Profit Lock Karna):
TP wo price hoti hai jahan aap profit lena chahte ho.
Example: Buy XRP at $2.75 → TP set karo $2.88
Jab price TP pe jaaye, order auto-execute ho jaata hai
No emotion, just booked profit ✅
🔑 Use TP to avoid greed. Market jitna diya, le lo and move on.
🔻 SL – Stop Loss (Loss Limit Karna):
SL ek safety lock hota hai — taake market agar against chala jaye, loss limited ho.
Example: Buy XRP at $2.75 → SL set karo $2.70
Price niche gaya to auto-sell, small loss
Big loss se bacha liya 🔐
🔑 No SL = No protection = Dangerous trading.
🤖 How I Use TP/SL in My Trades:
Entry: $2.75
TP1: $2.88 (scalp)
TP2: $2.95 (trend continuation)
SL: $2.70 (risk protection)
🎯 TP hit = secure profit
❌ SL hit = small loss, capital saved
📌 Final Tip:
TP aur SL lagana trader ki discipline aur survival ka nizam hai.
📉 Market unpredictable hota hai, aapka system nahi hona chahiye.
💬 Do you trade with TP/SL or just vibes? Comment below ⬇️
#TP #SL #TradingBasics #BinanceSquare #CryptoTips