BASIC TUTORIAL FOR TRADING FOR THE FIRST TIME

📌 Let's assume this scenario:

• You have 20 $USDT

• You want to buy $BNB (example).

• The current price of BNB = 934 USDT.

Objective:

• Sell for profit at 938 USDT.

• Limit the loss at 930 USDT.

1. Buy first:

• Go to Trading → Spot.

• Select the BNB/USDT pair.

• Buy the amount you want (e.g. 0.021 BNB ≈ 20 USDT).

2. Set up the OCO order:

(OCO means "One Cancels the Other".

It is a combined order that allows you to set two prices at the same time:

•Take Profit (profit): if the price rises to your target, it sells automatically.

•Stop-Loss (protection): if the price drops too much, it also sells automatically.

➡️ When one of the two is executed, the other cancels itself).

• On the trading screen, go to the Sell tab.

• In Order Type, choose OCO.

• You will see 3 prices:

• Price (Limit) → the price at which you want to sell for profit.

👉 Example: 938.

•Stop → the price that triggers the protection order (stop-loss).

👉 Example: 931.

• Limit → the price at which it actually sells when the stop is triggered.

👉 Example: 930 (a little lower than the stop to ensure the sale).

• Quantity: enter the total amount of BNB you bought (e.g. 0.021).

• Confirm the order.

4. What happens next:

• If the price rises to 938 USDT, it sells and you win.

• If the price drops to 931 USDT, your Stop is triggered and it sells at 930 USDT.

Once one of the two conditions is met, the other order cancels itself.

👉 This way, you already have an automatic protection and profit strategy without having to watch the screen all the time.

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