This is Binance trailing stop loss tutorial, and it's a complete guide to trailing stop order on Binance futures trading platform. First, trailing stop loss is explained to make you familiar with the concept that how a trailing stop order can help you to lock in your profits, and then Binance trailing stop order is explained, and it's shown with examples how you can correctly place trailing stop loss order on Binance futures. Trailing stop order is an effective stop loss strategy that helps you to limit your losses and lock in your profits. By the help of Binance trailing stop loss order, you can take advantage of sharp moves in crypto market, and by placing trailing stop buy order or trailing stop sell order, you can effectively lock your profits and get the most out of the movement that is running in your favor.
TIMESTAMPS:
00:00 - Intro
00:28 - What Is Trailing Stop Loss
03:18 - How To Place Trailing Stop Order
10:18 - When To Use Trailing Stop
12:15 - Outro
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DISCLAIMER:
Please be advised that I am not a licensed financial advisor or registered investment advisor, and this material has been prepared for entertainment and informational purposes only, and it is not intended to be relied upon as investment, financial, accounting, tax, legal, regulatory or similar advice, and it is not an endorsement of any provider, product or service.
Trading and investing in financial markets poses considerable risk of loss, so please make sure to do your own research or consult a certified financial or investment advisor. The information and content provided on this channel does not guarantee any particular or expected outcome.
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