🟡 What Is a Trailing Stop Order on Binance? (Explained Simply)

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If you’re trading on Binance and want to protect profits without selling too early, the Trailing Stop Order is a smart tool you should know.

Here’s how it works — and how to fill it in correctly 👇

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🔁 What is a Trailing Stop Order?

A trailing stop follows the price as it moves in your favor.

If the price reverses by a certain percentage, it triggers a sell.

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🛠️ Key Fields on Binance:

🔸 Trailing Delta

This is the “trigger distance”.

You can set it as a percentage (e.g., 5%).

✅ Example:

BTC is at $100,000

You set a trailing delta of 5% → Stop triggers if price drops 5% from the highest point reached.

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🔸 Limit Price

This is the lowest price you’re willing to sell at, once the trailing stop is triggered.

It gives you control in case of high volatility.

✅ Tip: Set it slightly below your expected sell price to ensure the order fills.

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🧠 Why Use Trailing Stops?

Lock in profits while the price rises 📈

Automatically sell if the trend reverses 📉

Avoid emotional decisions

Perfect for volatile markets like crypto ⚡

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💬 Ever used trailing stops in your strategy?

👇 Drop your tips — or follow me for more simple, powerful crypto explanations.

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