Crypto 101 📚 Take Profit and Stop Loss
With a trailing stop, the trigger price moves in a favorable direction along with the price. It is triggered only when a pullback reaches the preset amount.
For Binance USDⓈ-M contracts, conditional orders can be set to trigger based on the latest price or the mark price.
The most expensive thing in crypto isn’t trading fees—it’s the cost of not understanding the rules.
Coin in this topic: $BTC Current price: 75072.58 (24h +0.0061%).
With a trailing stop, the trigger price moves in a favorable direction along with the price. It is triggered only when a pullback reaches the preset amount.
For Binance USDⓈ-M contracts, conditional orders can be set to trigger based on the latest price or the mark price.
The most expensive thing in crypto isn’t trading fees—it’s the cost of not understanding the rules.
Coin in this topic: $BTC Current price: 75072.58 (24h +0.0061%).
