Set a stop loss on binance

set a stop loss on binance

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Note that the Take Profit. We recommend users set an under [Open Orders] - [Close. Yes, binqnce positions will be closed after increasing or reducing. They allow you to place ample price distance between the primary and secondary orders. If TP is filled, SL will be canceled, and vice.

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Plenty of features are available most secure crypto trading apps.

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Binance OCO Orders: How To Set Take Profit \u0026 Stop Loss? [READ PINNED COMMENT!]
The system will decide if an order is a stop-loss order or a take-profit order based on the price level of trigger price against the Last Price. Here's how you can set up a stop-loss order: Open the Binance app or website and log in to your account. Go to the "Spot" trading. Go to the Binance website or app and log in to your account.
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    calendar_month 05.03.2021
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You should expect downtrends to stop at a support level because of a high number of ask orders buy requests. Buying during fearful periods and selling during greed can help navigate market volatility. Moreover, it is recommended to specify a lower selling price than the order execution price. A stop-loss will ensure you conform to your trading strategy. As the name implies, a stop-loss is meant to limit your downside by exiting a position if the market moves against your trading plan.

set a stop loss on binance

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