$ETHFI sell๐น๐ธ
### What is a Sell Order in Crypto Trading? ๐
In crypto futures trading (like ETHUSDT Perpetual on Binance), a **sell order** (often called "shorting" or "short position") is when you bet that the price of an asset, like Ethereum (ETH), will **drop** in value. Instead of buying low and selling high, you **sell high first** (borrow the asset, sell it now) and **buy low later** to return it, pocketing the difference as profit. This is perfect for bearish markets! ๐ป
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| Step | Action | Example Value | Why? | Emoji Tip |
|------|--------|---------------|------|-----------|
| 1. Choose Position | Select **Short** (red button on Binance) | Short ETHUSDT Perp | Opens a sell position at current price ($1,481). You're betting on a dip! | ๐ Bear mode ON |
| 2. Entry Price | Set market/limit order | Entry: $1,481 (market sell) | Auto-fills from current price. Use limit for exact entry. | ๐ Execute fast |
| 3. Take Profit (TP) ๐ข | Set your profit target (auto-close when hit) | TP: $1,420 (4% below entry) | Locks in gains if price drops as expected. Potential profit: ~$300 (4% of $5k position, minus fees). | ๐ฐ "Cha-ching! Time to cash out." |
| 4. Stop Loss (SL) ๐ด | Set your loss limit (auto-close to cut losses) | SL: $1,500 (1.3% above entry) | Protects you if price pumps up. Max loss: ~$100 (1.3% of position). Risk only 1-2% of your account! | ๐ "Nope, not todayโcut and run." |
| 5. Confirm & Monitor | Hit "Short" > Review PNL | Position opens! Watch order book (bids at $1,478) | Use the chart (MACD bearish crossover?) and set alerts. | ๐ Eyes on the prize |
**Quick Math Example (Transparent Calc):**
- Position value: $5,000 (1.34 ETH at $1,481/entry).
- If hits TP ($1,420): Profit = (1,481 - 1,420) ร 1.34 ETH ร 5x leverage = ~$404 (before fees).
- If hits SL ($1,500): Loss = (1,500 - 1,481) ร 1.34 ร 5x = ~$127.
Formula: Profit/Loss = (Exit - Entry) ร Quantity ร Leverage. Easy to verify in Binance's calculator! ๐งฎ


