How should you set take-profit and stop-loss orders for futures?
A stop-loss order that executes at market price once triggered is called a stop-market order. It is more likely to be filled, but may incur significant slippage in volatile markets.
In Binance USDⓈ-M Futures, conditional orders can be triggered by either the latest price or the mark price.
When managing your position, remember this above all: once you’ve set a stop-loss, don’t move it farther away just because it’s about to be triggered. This often turns a small loss into a big one.
$BTC 74834.69（-0.4%）
A stop-loss order that executes at market price once triggered is called a stop-market order. It is more likely to be filled, but may incur significant slippage in volatile markets.
In Binance USDⓈ-M Futures, conditional orders can be triggered by either the latest price or the mark price.
When managing your position, remember this above all: once you’ve set a stop-loss, don’t move it farther away just because it’s about to be triggered. This often turns a small loss into a big one.
$BTC 74834.69（-0.4%）