🚀 #Dica How to Avoid Losses with the OCO Order on Binance
Did you know that you can protect your profits and automatically reduce risks? 🤔
The answer lies in the OCO function (One Cancels the Other)!
🔹 What is OCO?
It is a double order:
1️⃣ Take Profit (sale with profit) – sets the price at which you want to sell for a gain.
2️⃣ Stop Loss (protective sale) – sets the minimum price to avoid large losses.
👉 Quick Example:
You bought a token at $100.
You want to profit if it reaches $120 (Take Profit).
But you don't want to lose below $90 (Stop Loss).
By setting OCO, if one side is executed, the other is automatically canceled.
✨ Advantages:
✅ You don't need to watch the chart for 24 hours.
✅ Profits protected.
✅ Losses limited.
💡 Viral Tip: Smart traders don't "pray" for the price… they use OCO to trade safely and sleep peacefully 😴📈
