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How to Use Stop Loss – Protect Your Investments.
Stop Loss is a tool that protects your capital in case of a sudden price drop. It serves to automatically sell your asset when the price reaches a minimum value that you define, avoiding greater losses.
The best way to set up Stop Loss on Binance is using the OCO (One Cancels the Other) mode. With it, you can set both a sale price with profit (Take Profit) and a Stop Loss to avoid losses, all in a single order.
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✅ Step 1: Select the "OCO" Mode
In the Binance menu, go to Margin or Spot, select Sell and choose the OCO (One Cancels the Other) mode.
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✅ Step 2: Fill in the OCO Fields in the Sell Order
🔴 TP Limit (Take Profit):
This field is used to define the sale price when the asset rises. ➡️ Example: If BTC is at $93,140, you can set the TP at $94,000.
If you want to use only Stop Loss, you can leave this field blank.
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🔴 SL Trigger (Stop Loss):
Here you set the price at which Binance will trigger the automatic sell to prevent losses.
➡️ Example: Set $92,500 as trigger.
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🔴 SL Limit (Sell Price):
Set the minimum amount you are willing to sell after the Stop Loss is triggered.
Example: $92,400.
Tip: Always set the SL Limit slightly below the SL Trigger to ensure your order is executed.
---
🔴 Amount (BTC):
Enter the amount of BTC you want to protect in the order.
➡️ Example: 0.05 BTC.
---
Summary of the Example Filled in the Image:
✅ TP Limit: $94,000 (optional)
✅ SL Activation: $92,500
✅ SL Limit: $92,400
✅ Amount: 0.05 BTC
Use Stop Loss to trade safely and protect your capital!
$BTC $SOL $DOGE
Stop Loss is a tool that protects your capital in case of a sudden price drop. It serves to automatically sell your asset when the price reaches a minimum value that you define, avoiding greater losses.
The best way to set up Stop Loss on Binance is using the OCO (One Cancels the Other) mode. With it, you can set both a sale price with profit (Take Profit) and a Stop Loss to avoid losses, all in a single order.
---
✅ Step 1: Select the "OCO" Mode
In the Binance menu, go to Margin or Spot, select Sell and choose the OCO (One Cancels the Other) mode.
---
✅ Step 2: Fill in the OCO Fields in the Sell Order
🔴 TP Limit (Take Profit):
This field is used to define the sale price when the asset rises. ➡️ Example: If BTC is at $93,140, you can set the TP at $94,000.
If you want to use only Stop Loss, you can leave this field blank.
---
🔴 SL Trigger (Stop Loss):
Here you set the price at which Binance will trigger the automatic sell to prevent losses.
➡️ Example: Set $92,500 as trigger.
---
🔴 SL Limit (Sell Price):
Set the minimum amount you are willing to sell after the Stop Loss is triggered.
Example: $92,400.
Tip: Always set the SL Limit slightly below the SL Trigger to ensure your order is executed.
---
🔴 Amount (BTC):
Enter the amount of BTC you want to protect in the order.
➡️ Example: 0.05 BTC.
---
Summary of the Example Filled in the Image:
✅ TP Limit: $94,000 (optional)
✅ SL Activation: $92,500
✅ SL Limit: $92,400
✅ Amount: 0.05 BTC
Use Stop Loss to trade safely and protect your capital!
$BTC $SOL $DOGE
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never not
$USUAL The forecast is that by midnight it will reach its 1.3
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$USUAL finding it difficult to exceed $1 mad I believe you can do it at dawn
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buy!
$USUAL Guys, is it worth buying USUAL now, or could it fall further, and is it better to wait a little longer?
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ghost
Slam, Hi everyone hope u all doing well. Can you experts guys tell me which Coin I should buy now with just 150 USDT Thank You.
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Thanks for clarifying!
$USUAL For those who think the usual supply has run out, you have to look at the circulation and not the total, in the coin market it says Circulating supply, that is, until it reaches 494,600 million in CIRCULATION and not in TOTAL, I stopped selling at 1.4 thinking it would skyrocket, I was wrong, be careful guys
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I'm also interested in knowing
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I think it will arrive at dawn
Who thinks it will reach $1.55 today? $USUAL
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I think that between today and tomorrow it will arrive at 1.30 am at the latest
$USUAL What do you think will happen? Where will it end?🌚🚀
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Hi! Can you teach me how to get to this page, please?
I love you, my love 😍😍 hahaha. $USUAL , the only thing I gave you a hard time about was that there were no buyers anymore when you were 0.25
3.4$
$USUAL How much will this token be worth on 12/31/2024.
Do you have any idea?
Comment.
Do you have any idea?
Comment.
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not sold at a low price
$BTC sell or not? 18% loss!!!! Help
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