Educational Publication Two ✍️
Stop Limit Feature
This feature is used to stop losses or secure profits, and is placed at the support area.
1- Set the stop condition (less than the current price, preferably at the nearest support area or below the previous 1h candle)
2- Set the stop price, which is the price at which the sale will occur
- If it is set lower than the condition, the sale will execute
- If it is set higher than the condition price, a sell order will be opened and will only execute if it retraces to this price.
3 or 4- Specify the quantity to be sold with this feature, either specifying the amount of currency in 3 or specifying the amount in dollars in 4.
And click sell.
🔹 If you don't understand something, ask and we will clarify for you.
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