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Topic: How to Set Stop-Loss & Take-Profit on Binance (Beginner Friendly Guide)
Understanding Stop-Loss (SL) and Take-Profit (TP) is one of the MOST important skills for every beginner. These two tools protect you from big loss and lock your profits automatically.
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🟦 What is Stop-Loss?
A Stop-Loss closes your trade automatically when price goes down to the level you set. 👉 Purpose: Protect your capital.
Example: If you buy $BTC at $100 You set Stop-Loss at $95 If the price drops to $95 → your trade closes → small loss instead of a big one.
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🟩 What is Take-Profit?
A Take-Profit closes your trade automatically when price goes up to your target. 👉 Purpose: Secure your profits.
Example: BTC entry: $100 TP: $110 When price reaches $110 → profit is locked automatically.
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🟦 How to Set Stop-Loss & Take-Profit on Binance (Simple Steps)
1. Open Spot OR Futures trade entry window.
2. Select Limit or Market order.
3. Scroll down → You will see Stop-Loss and Take-Profit sections.
4. Enter your SL price and TP price.
5. Confirm your order.
That’s it — Binance handles the rest.
📌 Why Every Beginner MUST Use SL & TP
Saves you from emotional trading
No need to watch charts all day
Protects your account balance
Helps you stay disciplined
Reduces losses and locks profits
🔎 Where to Find This Feature?
Spot Trading Page → Under the “Advanced” order panel
Futures Trading Page → In the “TP/SL” box just below your leverage setting
Day 39 – Binance Beginner Series 🔰 Spot Wallet = Your crypto home! 🏠💛 Buy it, Sell it, Hold it — all in one place! 🔥📲 If you OWN it… it’s in your Spot Wallet! 🚀✨
Topic: What Is Open Orders on Binance? (Simple Explanation)
When you place a Buy or Sell order but it’s not executed immediately, it goes into Open Orders. This means your order is waiting for the market price to match your price.
Today’s update is all about the latest major news affecting the market 👇
📰 What’s Happening? Bitcoin ETFs are seeing strong inflows again, meaning big investors are buying heavily. This usually brings more liquidity and market confidence.
💥 Why Is This Important for Beginners?
More ETF inflows = Higher market stability
BTC demand rises → Altcoins also get strong momentum
Good time to study market trends, not jump blindly
Helps understand how institutions impact crypto
📊 What Should a Beginner Do Now?
Watch BTC dominance & volume
Avoid emotional buying
Set alerts, not FOMO trades
Focus on small, safe learning trades
Track global crypto news daily
💡 Bonus Tip: Institutional buying is a long-term signal — don’t trade on hype, trade on data.