๐ฅ Binance Pro Tips โ 5
Mastering Stop-Loss Strategies ๐
Protecting your capital is just as important as making profits. Stop-loss orders help you do that:
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Set stop-loss at a logical level, not just a random price
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Use percentage-based stop-loss (e.g., 2โ5% below entry)
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Trail your stop-loss as price moves in your favor
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Combine with take-profit orders for a balanced strategy
๐ก Pro Tip: Discipline with stop-loss is what separates consistent traders from emotional ones.
๐ Next tip: Spot vs Futures โ Choosing the Right Market โก
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