🥷🏼Losing trades are part of the game—but what if you could limit how much you lose? That’s where the Stop-Loss comes in.
Here’s how to set one like a pro:
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1️⃣ Open the Binance App and Go to “Trade”
• Choose the crypto pair you’re trading (e.g., BTC/USDT)
• Tap “Sell” (or “Buy” depending on your direction)
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2️⃣ Tap on “Stop-Limit” or “Stop-Market” ⚙️
• Stop-Limit: You choose the trigger price AND the price to sell at
• Stop-Market: You choose the trigger price, and it sells at market price
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3️⃣ Set Your Stop Price and Limit Price
Example:
• You bought BTC at $60,000
• You want to sell if it drops to $58,000
• Set Stop: 58,000 | Limit: 57,900
This means: Once BTC hits $58,000, Binance will try to sell at $57,900 or better.
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4️⃣ Confirm the Order ✅
• Double-check the numbers
• Tap “Sell” and you’re done!
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Tips for Better Risk Management:
• Use Stop-Loss to avoid emotional trading
• Don’t set it too close to your entry—leave room for normal price swings
• Always know your max risk before entering any trade
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This small habit can save you big money in the long run.
Want to learn how to trail your stop-loss for more profits?