š„ How to Set TP/SL Like a Pro on Binance Futures
Maximize profits ⢠Minimize losses ⢠Trade smart šš
Your setup shows:
ā Take Profit (TP): 3000 USDT
This is your target level where your trade will automatically close in profit once the price hits 3000.
ā Stop Loss (SL): 800 USDT
This is your safety level ā your trade will automatically close if price drops to 800, protecting you from a bigger loss.
šÆ Why TP/SL Is Important?
Prevents emotional decisions
Locks profits automatically
Protects capital in volatile markets
Allows you to trade stress-free
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ā Perfect Setup Example (From Your Screenshot):
Order Type: Market
Leverage: 20x
Position: Long (Buy)
TP: 3000
SL: 800
Amount: 100% of available USDT
This is a clean risk-managed setup, ideal for big volatility moves. āļø
š” Pro Tip:
Always set TP/SL before opening the trade ā professionals never enter without protection.