✅ How to Use the Trailing Stop Tool to Protect Your Profits on Binance 🟡
🔍 Example: Let's assume you bought a cryptocurrency named XYZ for 💵 100, and you want to secure profits in case the price rises, but without setting a fixed selling price, instead you want the selling order to move automatically with the price increase.
This is where the Trailing Stop tool comes into play!
📲 Steps on the Binance App or Website:
1. 🔐 Log into your Binance account from the app or browser.
2. 📈 Go to the "Trade" section and search for the currency pair like XYZ/USDT.
3. 🟩 Select "Sell," then change the order type to Trailing Stop.
🧮 You will see fields that need to be filled out:
📉 Activation Price (optional): the price at which the trailing starts (example: 105.00) 📏 Callback Rate: the percentage by which the price moves away from the peak before executing the selling order (example: 5%) 📦 Amount: the quantity you want to sell (e.g., 100% or part of it)
Then press the 🔴 "Sell XYZ" button to set up the order.
⚠️ Important Notes:
The Trailing Stop moves automatically with the price if it increases.
When the price drops by a certain percentage (callback rate) from the highest point it reached, the sale is executed.
You do not need to monitor the market – the tool works automatically to protect your profits.
If the price rises to 110 dollars and then starts to drop by 5%, the sale will be executed at approximately 104.50 dollars. #TrailingStopLoss #تداول_ذكي
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#اكتب #واربح Write anything useful for traders and earn coins every week at a 30% commission For inquiries on how to do this method please comment, subscribe, and like and stay tuned for us tomorrow, God willing, to share the method #VoteToListOnBinance #SecureYourAssets #MarketRebound $BTC $ETH $BNB