#StopLossHunting #BinanceSafetyInsights

A stop loss strategy on Binance helps traders limit losses by automatically selling an asset when it hits a set price. Popular strategies include:

1. Basic Stop-Loss Order – Sells the asset at market price once it drops to your set stop price.

2. Stop-Limit Order – Triggers a limit order when the stop price is hit, letting you set the minimum sale price.

3. Trailing Stop – Adjusts the stop price as the market rises, locking in gains but not lowering during declines.

4. Manual Stop-Loss with Alerts – Uses alerts (from Binance or Trading View), allowing manual execution when price conditions are met.

To set a stop-loss on Binance: go to the trading screen, select “Stop-Limit” or “Market,” input your stop/limit prices, then confirm the order.$BTC