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However, the trailing price will move back in the other. After the stop price is the order status will be. When the price moves in trailing price moves downward with to profit as long as stop order is activated.
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| Bitcoin quantum | 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 or Mark Price when the order is placed. When the price moves favorably, a trailing stop order locks in profit by enabling a trade to remain open and continue to profit as long as the price moves in the favorable direction. This helps to limit losses and protect gains by closing the trade when the price moves against the trader. When trigger conditions are fulfilled, Spot Trailing Stop Order will be executed as a limit order, and Future Trailing Stop Order will be executed as a market order. However, the trailing price will stop following if the price goes up. |
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| Binance spot trading stop loss | 821 |
| Binance spot trading stop loss | What else traders want if they can make profits in some hours or in a day. In this example, the red line is the four hours moving average of KNC coin. Binance Futures, for example, has a Stop Order function that combines stop-loss and take-profit orders. Trading Bots. When trigger conditions are fulfilled, Spot Trailing Stop Order will be executed as a limit order, and Future Trailing Stop Order will be executed as a market order. A limit buy order will be placed on the order book if the price moves more than the predetermined trailing delta from its lowest price and reaches the trailing price. |
| Binance spot trading stop loss | 608 |
| Binance spot trading stop loss | 280 |
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| Binance spot trading stop loss | 973 |
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BINANCE - STOP LOSS - TUTORIAL - (SPOT MARKET)Setting up the Binance stop loss order starts with selecting a cryptocurrency pair that you want to secure. Next, you will have to click on the Stop Limit tab. Stop-limit orders are good tools for limiting the losses that may incur in a trade. For example, BTC is trading at $40,, and you set up a. In this article, we will explore how to use and determine the right time to employ trailing stop-loss orders specifically on the user-friendly Binance exchange.
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