#StopLossStrategies on Binance Square

empower traders to manage risk and protect

capital in volatile markets. Common

methods include percentage-based stops-

such as setting a 5% limit below entry price

-and technical stops placed near key

support levels. Advanced options like

trailing stop-losses adjust automatically as

prices move favorably, locking in gains

while limiting downside. Binance supports

both Stop-Limit and Stop-Market orders to

automate these strategies. Traders are

encouraged to avoid setting stops too close

to entry points to prevent premature triggers

and to regularly reassess stop levels based

on market conditions. Mastering these

techniques fosters disciplined trading and

long-term success