#StopLossStrategles A stop-loss strategy in Binance (or any trading platform) is a risk management tool that helps traders limit potential losses on a trade. Here’s a breakdown of how it works and some common stop-loss strategies used on Binance:

What is a Stop-Loss?

A stop-loss is an order placed to sell (or buy) an asset when it reaches a specific price, preventing further losses if the market moves against your position.

Types of Stop-Loss Orders in Binance:

Stop-Limit Order

You set two prices: the stop price (triggers the limit order) and the limit price (price at which your order is placed).

Stop Market Order

Simpler and more guaranteed.

You only set a stop price. When triggered, it executes a market order (sells immediately at best available price).

More likely to fill, but can suffer from slippage in fast-moving markets.

Used in technical analysis trading.

Trailing Stop Loss

This moves with the price. If the price rises, the stop-loss follows, locking in profits.

Binance allows trailing stop orders in Futures and some advanced settings.

Volatility-Based Stop Loss

Uses indicators like ATR (Average True Range) to set stops based on current market volatility.

Adapts better to market conditions.

Always plan your stop-loss before entering a trade.

Combine with take profit orders for full risk management.

Practice on Binance demo (Testnet) if you're using Futures.