**Effective Stop-Loss Strategies on Binance**

Using stop-loss orders on Binance helps traders minimize losses and protect profits. Here are key strategies:

1. **Percentage-Based Stop-Loss** – Set a fixed percentage (e.g., 2-5%) below the entry price to limit losses.

2. **Support & Resistance Stop-Loss** – Place stops below support (for longs) or above resistance (for shorts).

3. **Moving Average Stop-Loss** – Exit when the price crosses a key moving average (e.g., 50 EMA).

4. **Trailing Stop-Loss** – Automatically adjusts with price movement, locking in profits while limiting downside.

5. **Volatility-Based Stop (ATR)** – Use Average True Range to set dynamic stops based on market volatility.

Always backtest strategies and adjust risk tolerance for better trading discipline.