Is there a tutorial or guide available that shows how to set a stop order on Binance step by step?

3 answers

• TechnervApr 11, 2022 · 3 years ago
  Sure, setting a stop order on Binance is a crucial skill for managing risk in your trades. Here's a step-by-step guide to help you get started: 1. Log in to your Binance account and navigate to the trading page. 2. Choose the trading pair you want to place a stop order for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want your order to be triggered. 5. Set the limit price, which is the price at which you want your order to be executed. 6. Specify the quantity of the asset you want to buy or sell. 7. Choose whether you want to place a stop-limit buy order or a stop-limit sell order. 8. Review your order details and click on the 'Buy' or 'Sell' button to place your stop order. Remember to double-check your order settings before confirming. Setting a stop order can help you limit potential losses and protect your investments.
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• pankaj guptaNov 18, 2024 · 9 months ago
  Absolutely! Binance provides a user-friendly interface that makes it easy to set a stop order. Here's a step-by-step tutorial to guide you: 1. Login to your Binance account and go to the trading page. 2. Select the trading pair you want to trade. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which your order will be triggered. 5. Set the limit price, which is the price at which your order will be executed. 6. Specify the quantity of the asset you want to buy or sell. 7. Choose whether you want to place a stop-limit buy order or a stop-limit sell order. 8. Review your order details and click on the 'Buy' or 'Sell' button to place your stop order. That's it! You've successfully set a stop order on Binance. It's a powerful tool for managing your trades and protecting your investments.
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• Chikwado PromiseOct 20, 2020 · 5 years ago
  Sure, I can help you with that! Here's a step-by-step guide to setting a stop order on Binance: 1. Log in to your Binance account and navigate to the trading page. 2. Choose the trading pair you want to place a stop order for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want your order to be triggered. 5. Set the limit price, which is the price at which you want your order to be executed. 6. Specify the quantity of the asset you want to buy or sell. 7. Choose whether you want to place a stop-limit buy order or a stop-limit sell order. 8. Review your order details and click on the 'Buy' or 'Sell' button to place your stop order. That's it! You've successfully set a stop order on Binance. If you have any further questions, feel free to ask!
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