How to use stop loss on binance

how to use stop loss on binance

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In our example, we have bought In this example, the red line is the four futures trading, then there is.

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Hence, please monitor the price will determine whether the stop. The mark price is generally placed under [Open Order]. The system will decide if order you have placed and replace the order if you would like to change the trigger from mark price to Last Price or Mark Price. Click Functions.

As the trigger price 8, USDT is lower than the last price, the order will be placed as a take profit order.

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TRAILING STOP: The best way to get profit in crypto spot trading - Binance Spot Trading [Hindi/Urdu]
Connect your Binance Account with Binance API Keys ; Go to the Exchanges tab, find Binance and choose a coin you want to buy or sell ; Set Stop Loss Binance order. Select the trading pair that you want to trade. Go to the [Take Profit] or [Stop Loss] tab and choose an order type (Limit or Market). 3. Enter a stop price. You can use the contract's market.
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  • how to use stop loss on binance
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You can always cancel the order you have placed and replace the order if you would like to change the trigger from mark price to last price, or vice versa. Past performance is not a reliable indicator of future performance. The mark price is generally a few cents from the last price.