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How to Lock In Gains with a Take-Profit Order 🎯
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Headline: Don't Let Profits Disappear! 🎯 How to Set a Take-Profit (TP) Order
The crypto market is famous for quick pumps, but what goes up often comes down just as fast. The mistake most traders make? Greed—waiting for that extra 5% and watching their gains vanish.
A Take-Profit (TP) order solves this. It's an automated instruction to sell your asset when it hits your price target, allowing you to lock in profit without watching the chart 24/7.
1. What is a Take-Profit Order?
It is a Limit Order placed above your entry price. Once the market price reaches this level, the order is executed, and the asset is sold for a gain.
Its Purpose: To realize profits automatically at your desired price target.
Best Used For: Ensuring you don't miss an exit when a pump is fast, or when you are away from your screen.
2. The TP & SL Duo: Managing Risk-to-Reward (R:R)
Smart trading always uses TP and SL together, usually via a One-Cancels-the-Other (OCO) order on Binance. This defines your trade's boundaries:
R:R Ratio in this example is 1:3. This means for every $1 you risk, you aim to make $3. A good trader always ensures their TP is significantly higher than their SL.
3. How to Set a Take-Profit on Binance (Use OCO!)
While you can place a simple Limit order, the best way to use TP and SL simultaneously is with an OCO order (One-Cancels-the-Other).
If you buy $BNB at $600 and want to:
Take profit at $660 (10% gain)
Stop loss at $570 (5% loss)
You enter these two prices into the OCO form. If $BNB hits $660 (your TP), the coin is sold, and the Stop-Loss order at $570 is automatically cancelled.
🔥 Final Tip: Determine your TP target based on technical analysis (like strong resistance levels) before you enter the trade. Don't let market noise change your plan!
What is your ideal Risk-to-Reward ratio (1:2, 1:3, etc.)? Share your strategy! 👇
#TakeProfits #tradingStrategy #OCO #RiskManagement #CryptoTips
Post Content:
Headline: Don't Let Profits Disappear! 🎯 How to Set a Take-Profit (TP) Order
The crypto market is famous for quick pumps, but what goes up often comes down just as fast. The mistake most traders make? Greed—waiting for that extra 5% and watching their gains vanish.
A Take-Profit (TP) order solves this. It's an automated instruction to sell your asset when it hits your price target, allowing you to lock in profit without watching the chart 24/7.
1. What is a Take-Profit Order?
It is a Limit Order placed above your entry price. Once the market price reaches this level, the order is executed, and the asset is sold for a gain.
Its Purpose: To realize profits automatically at your desired price target.
Best Used For: Ensuring you don't miss an exit when a pump is fast, or when you are away from your screen.
2. The TP & SL Duo: Managing Risk-to-Reward (R:R)
Smart trading always uses TP and SL together, usually via a One-Cancels-the-Other (OCO) order on Binance. This defines your trade's boundaries:
R:R Ratio in this example is 1:3. This means for every $1 you risk, you aim to make $3. A good trader always ensures their TP is significantly higher than their SL.
3. How to Set a Take-Profit on Binance (Use OCO!)
While you can place a simple Limit order, the best way to use TP and SL simultaneously is with an OCO order (One-Cancels-the-Other).
If you buy $BNB at $600 and want to:
Take profit at $660 (10% gain)
Stop loss at $570 (5% loss)
You enter these two prices into the OCO form. If $BNB hits $660 (your TP), the coin is sold, and the Stop-Loss order at $570 is automatically cancelled.
🔥 Final Tip: Determine your TP target based on technical analysis (like strong resistance levels) before you enter the trade. Don't let market noise change your plan!
What is your ideal Risk-to-Reward ratio (1:2, 1:3, etc.)? Share your strategy! 👇
#TakeProfits #tradingStrategy #OCO #RiskManagement #CryptoTips
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THE MAGIC BUTTON! 🪄 OCO TUTORIAL: How to Set Your Stop-Loss and Take-Profit at the Same Time on Binance
Friends, if you are going to use Leverage, you need this tool: The OCO (One Cancels the Other).
It is the safest way to trade because it gives you two orders for the price of one.
What does the OCO do?
You set your Profit Order (Take-Profit) and your Loss Order (Stop-Loss) at the same time.
If the price hits your profit (Take-Profit), the loss order is automatically canceled.
If the price hits your loss (Stop-Loss), the profit order is automatically canceled.
This way you trade calmly!
➡️ WHERE TO FIND IT:
Go to the Futures or Spot section on Binance.
Where you put the order type (Limit, Market), drop down the menu.
Select the OCO option.
🔥 Pro Tip: Always use it! It's the difference between winning with control and losing due to a mistake.
#OCO #BinanceTutorial #TradingParaNovatos #StopLossMachine #TradingParaNovatos
Friends, if you are going to use Leverage, you need this tool: The OCO (One Cancels the Other).
It is the safest way to trade because it gives you two orders for the price of one.
What does the OCO do?
You set your Profit Order (Take-Profit) and your Loss Order (Stop-Loss) at the same time.
If the price hits your profit (Take-Profit), the loss order is automatically canceled.
If the price hits your loss (Stop-Loss), the profit order is automatically canceled.
This way you trade calmly!
➡️ WHERE TO FIND IT:
Go to the Futures or Spot section on Binance.
Where you put the order type (Limit, Market), drop down the menu.
Select the OCO option.
🔥 Pro Tip: Always use it! It's the difference between winning with control and losing due to a mistake.
#OCO #BinanceTutorial #TradingParaNovatos #StopLossMachine #TradingParaNovatos
🚀 Want safer trades? Use OCO Orders on Binance!
One order protects you, the other secures profit — all automatically.
Smart traders always use OCO. Do you?
#BinanceBlockchainWeek #oco
One order protects you, the other secures profit — all automatically.
Smart traders always use OCO. Do you?
#BinanceBlockchainWeek #oco
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$Jager
I see a green flight route towards an excluded zero🟢
It's great for my brothers who invested in this crypto
#OCO
I see a green flight route towards an excluded zero🟢
It's great for my brothers who invested in this crypto
#OCO
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Hey guys! Today I share a simple but powerful strategy to trade $BTC in moments of indecision: a manual OCO in Futures to capture both the bounce and the breakout.
The idea is to place two conditional orders that cancel each other once one is executed.
➡️ If BTC bounces from support:
• Buy order (Long) at 117,500 USDT (Stop Market)
• Suggested TP: 118,800
• SL: 116,500
⬇️ If BTC breaks support:
• Sell order (Short) at 116,800 USDT (Stop Market)
• Suggested TP: 114,200
• SL: 117,400
Both orders are placed as "conditional" with activation price by mark. When one is executed, I manually cancel the other.
It works very well in consolidation scenarios or unstable bounces. Ideal for those who do not want to get trapped in a single direction.
Have you tried it? Comment your experience or how you would adjust it according to your risk profile. 🚀
#BTC #oco #futuros #BinanceTraders
The idea is to place two conditional orders that cancel each other once one is executed.
➡️ If BTC bounces from support:
• Buy order (Long) at 117,500 USDT (Stop Market)
• Suggested TP: 118,800
• SL: 116,500
⬇️ If BTC breaks support:
• Sell order (Short) at 116,800 USDT (Stop Market)
• Suggested TP: 114,200
• SL: 117,400
Both orders are placed as "conditional" with activation price by mark. When one is executed, I manually cancel the other.
It works very well in consolidation scenarios or unstable bounces. Ideal for those who do not want to get trapped in a single direction.
Have you tried it? Comment your experience or how you would adjust it according to your risk profile. 🚀
#BTC #oco #futuros #BinanceTraders
🚀 Bitcoin Hits $123K During U.S. Crypto Week: Is Regulation the New Bull Fuel?
History has been made!
#Bitcoin just smashed past the $123,000 mark, marking its highest price ever, as the U.S. enters its most crypto-friendly legislative week in history.
Welcome to Crypto Week in Washington — and this time, the bulls are backed by the law.
📜 What’s Crypto Week?
From July 15–19, 2025, the U.S. Congress is debating three critical bills:
GENIUS Act: Defines legal status for blockchain protocols and crypto assets.CLARITY Act: Clarifies what counts as a security vs. commodity in crypto markets.CBDC Block Bill: Prevents the Federal Reserve from launching a government-issued digital dollar without Congressional approval.
🧠 “For the first time, we’re seeing legislative momentum aligned with Web3 innovation,” said Senator Cathy Warner.
📈 Why Bitcoin Is Surging
This isn’t just market hype. Several macro and structural shifts are converging:
✅ Regulatory clarity = institutional confidence
Pension funds and hedge funds are now legally cleared to buy $BTC and $ETH under the proposed framework.📉 Inflation fears in the U.S. are pushing investors toward alternative stores of value.🏦 Bank participation is growing: Standard Chartered and others just launched direct crypto trading desks.
{spot}(BTCUSDT)
{spot}(ETHUSDT)
🇺🇸 The U.S. Political Factor
Crypto is no longer just financial — it’s political.
Donald Trump, currently leading in the polls, has declared himself a pro-Bitcoin candidate.Joe Biden is being pushed by Gen Z voters and fintech donors to modernize his position.
🔮 Where Do We Go From Here?
Analysts predict that with full passage of GENIUS and CLARITY Acts, BTC could reach $150K by year-end, especially if inflation persists and ETF inflows continue.
“Crypto legislation in the U.S. is now a bullish catalyst, not a threat,” said analyst Jordan Walters of Arcano Markets.
In conclusion…
Bitcoin’s rise to $123,000 isn’t just about charts — it’s about legitimacy, policy, and the global shift toward digital value.
📡 At #BitValue , we believe that as regulation empowers the crypto economy, real-world data tokens will become the backbone of the next decentralized wave.
Our infrastructure will allow users to tokenize vehicle, climate, and IoT data — making the real world tradable, just like Bitcoin made the internet bankable. 🌍📊🚗
#Binance
#Bitcoin just smashed past the $123,000 mark, marking its highest price ever, as the U.S. enters its most crypto-friendly legislative week in history.
Welcome to Crypto Week in Washington — and this time, the bulls are backed by the law.
📜 What’s Crypto Week?
From July 15–19, 2025, the U.S. Congress is debating three critical bills:
GENIUS Act: Defines legal status for blockchain protocols and crypto assets.CLARITY Act: Clarifies what counts as a security vs. commodity in crypto markets.CBDC Block Bill: Prevents the Federal Reserve from launching a government-issued digital dollar without Congressional approval.
🧠 “For the first time, we’re seeing legislative momentum aligned with Web3 innovation,” said Senator Cathy Warner.
📈 Why Bitcoin Is Surging
This isn’t just market hype. Several macro and structural shifts are converging:
✅ Regulatory clarity = institutional confidence
Pension funds and hedge funds are now legally cleared to buy $BTC and $ETH under the proposed framework.📉 Inflation fears in the U.S. are pushing investors toward alternative stores of value.🏦 Bank participation is growing: Standard Chartered and others just launched direct crypto trading desks.
{spot}(BTCUSDT)
{spot}(ETHUSDT)
🇺🇸 The U.S. Political Factor
Crypto is no longer just financial — it’s political.
Donald Trump, currently leading in the polls, has declared himself a pro-Bitcoin candidate.Joe Biden is being pushed by Gen Z voters and fintech donors to modernize his position.
🔮 Where Do We Go From Here?
Analysts predict that with full passage of GENIUS and CLARITY Acts, BTC could reach $150K by year-end, especially if inflation persists and ETF inflows continue.
“Crypto legislation in the U.S. is now a bullish catalyst, not a threat,” said analyst Jordan Walters of Arcano Markets.
In conclusion…
Bitcoin’s rise to $123,000 isn’t just about charts — it’s about legitimacy, policy, and the global shift toward digital value.
📡 At #BitValue , we believe that as regulation empowers the crypto economy, real-world data tokens will become the backbone of the next decentralized wave.
Our infrastructure will allow users to tokenize vehicle, climate, and IoT data — making the real world tradable, just like Bitcoin made the internet bankable. 🌍📊🚗
#Binance
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⛔ OCO Order – A single order that links two orders
OCO = One Cancels the Other
It means placing two orders at the same time, and when one is executed, the other is automatically canceled 🔄.
Goal: Manage risks and achieve profits without the need to constantly monitor the market ⏱️.
How it works:
Set a Stop Loss to protect capital ⛔💸.
Set a Limit Order to achieve profits at a certain level 🚀💰.
If the price reaches one of the orders, the buy or sell is executed automatically, and the other is canceled 🔧.
Advantages:
Reduces losses and protects profits 💰✅.
Suitable for day traders ⚡.
Gives you peace of mind and reduces stress 😌.
Tip:
Use it with good technical analysis to determine accurate levels 📊.
Do not place orders too far from current prices to avoid unwanted execution ⚠️.
#oco #Write2Earn #tradingtechnique
$ARB $XLM $FET
OCO = One Cancels the Other
It means placing two orders at the same time, and when one is executed, the other is automatically canceled 🔄.
Goal: Manage risks and achieve profits without the need to constantly monitor the market ⏱️.
How it works:
Set a Stop Loss to protect capital ⛔💸.
Set a Limit Order to achieve profits at a certain level 🚀💰.
If the price reaches one of the orders, the buy or sell is executed automatically, and the other is canceled 🔧.
Advantages:
Reduces losses and protects profits 💰✅.
Suitable for day traders ⚡.
Gives you peace of mind and reduces stress 😌.
Tip:
Use it with good technical analysis to determine accurate levels 📊.
Do not place orders too far from current prices to avoid unwanted execution ⚠️.
#oco #Write2Earn #tradingtechnique
$ARB $XLM $FET
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Protect Your Assets: How to Use the OCO Order to Minimize Risks! 🚀💰
Have you purchased an asset but are unsure about market fluctuations? Don't worry! I'll show you how an OCO order can protect your capital! 🔐📊
Setting up the OCO Order:
1️⃣ Access the platform and click on the arrow below buy/sell.
2️⃣ Select “OCO” from the list.
3️⃣ Fill in the fields with your prices and quantities.
Now, let's understand each part of this essential strategy!
📌 OCO Order Sections
✅ Limit TP (Take Profit): Sets a target price to sell at a profit.
✅ Stop Loss (SL): Sets a minimum floor, protecting against losses.
✅ Stop Limit: Acts as extra security in case the price drops too quickly.
💡 Think of it like this:
• Limit TP = Sell to profit at the top 📈
• Stop Loss = Sell to reduce losses 📉
• Stop Limit = Plan B, in case the price drops before the SL 🚨
Practical Example:
Imagine you bought WLD at $1.70. Now it's at $1.89. Your goal:
🔹 Sell at $5.00 (Take Profit) to capture big gains.
🔹 Sell at $1.75 (Stop Loss) to avoid losses if the market turns.
🔹 Sell at $1.65 (Stop Limit) to ensure extra protection in case of a sharp drop.
Result? If the price hits any of these levels, the other orders are automatically canceled. This is OCO – One Cancels the Other!
Why Use OCO?
📊 Avoids unnecessary losses if the market drops. 💰 Ensures that you enjoy your gains even without monitoring the chart 24 hours a day.
🔐 Complete peace of mind, knowing that your money is protected.
⚡️ Don't let market fluctuations catch you off guard! Protect your assets and trade intelligently.
#Crypto #OCO #MicroStrategy
Have you purchased an asset but are unsure about market fluctuations? Don't worry! I'll show you how an OCO order can protect your capital! 🔐📊
Setting up the OCO Order:
1️⃣ Access the platform and click on the arrow below buy/sell.
2️⃣ Select “OCO” from the list.
3️⃣ Fill in the fields with your prices and quantities.
Now, let's understand each part of this essential strategy!
📌 OCO Order Sections
✅ Limit TP (Take Profit): Sets a target price to sell at a profit.
✅ Stop Loss (SL): Sets a minimum floor, protecting against losses.
✅ Stop Limit: Acts as extra security in case the price drops too quickly.
💡 Think of it like this:
• Limit TP = Sell to profit at the top 📈
• Stop Loss = Sell to reduce losses 📉
• Stop Limit = Plan B, in case the price drops before the SL 🚨
Practical Example:
Imagine you bought WLD at $1.70. Now it's at $1.89. Your goal:
🔹 Sell at $5.00 (Take Profit) to capture big gains.
🔹 Sell at $1.75 (Stop Loss) to avoid losses if the market turns.
🔹 Sell at $1.65 (Stop Limit) to ensure extra protection in case of a sharp drop.
Result? If the price hits any of these levels, the other orders are automatically canceled. This is OCO – One Cancels the Other!
Why Use OCO?
📊 Avoids unnecessary losses if the market drops. 💰 Ensures that you enjoy your gains even without monitoring the chart 24 hours a day.
🔐 Complete peace of mind, knowing that your money is protected.
⚡️ Don't let market fluctuations catch you off guard! Protect your assets and trade intelligently.
#Crypto #OCO #MicroStrategy
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$ALCX
How to use: Order cancels the other in sale #OCO
Order cancels the other in sale means:
Profit taking➕Stop loss
How to use: Order cancels the other in sale #OCO
Order cancels the other in sale means:
Profit taking➕Stop loss
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BTC in Strong Recovery — But Stay Alert for Possible Reversal Pattern!
Bitcoin continues to show an excellent recovery, advancing strongly after respecting important support regions. However, it is essential to closely monitor the current movement, as the weekly chart begins to suggest the possible formation of a "Head and Shoulders" (H&S) pattern.
What is the H&S?
It is a classic reversal chart pattern. It typically appears after a strong rise and indicates that the market may be losing strength. It works like this:
Left shoulder: an initial peak;
Head: a higher peak;
Right shoulder: a smaller peak, signaling possible exhaustion of the trend.
If this pattern is confirmed, the price may seek lower regions after touching resistance levels.
Thus, pay attention to the region of 110 thousand dollars.
If BTC advances to this range, it may be prudent to consider partial realizations, as a downward movement may occur from there (I repeat, may..).
Nothing is guaranteed: technical analysis is probabilistic, not predictive.
⚠️ This content is not a recommendation to buy or sell.
If you liked the analysis, follow me for more!
#BTC #analisetecnica #oco
Bitcoin continues to show an excellent recovery, advancing strongly after respecting important support regions. However, it is essential to closely monitor the current movement, as the weekly chart begins to suggest the possible formation of a "Head and Shoulders" (H&S) pattern.
What is the H&S?
It is a classic reversal chart pattern. It typically appears after a strong rise and indicates that the market may be losing strength. It works like this:
Left shoulder: an initial peak;
Head: a higher peak;
Right shoulder: a smaller peak, signaling possible exhaustion of the trend.
If this pattern is confirmed, the price may seek lower regions after touching resistance levels.
Thus, pay attention to the region of 110 thousand dollars.
If BTC advances to this range, it may be prudent to consider partial realizations, as a downward movement may occur from there (I repeat, may..).
Nothing is guaranteed: technical analysis is probabilistic, not predictive.
⚠️ This content is not a recommendation to buy or sell.
If you liked the analysis, follow me for more!
#BTC #analisetecnica #oco
Setting Stop Loss (SL) and Take Profit (TP) is crucial for trading on Binance. 🛡️
* SL automatically sells your crypto to limit losses if the price drops. 📉
* TP automatically sells to secure profits when the price hits your target. 📈
To set them up, just choose a Stop-Limit or #OCO order on Binance. Remember to set them before you trade and to use a risk-reward ratio! ⚖️
Do you use both SL and TP when you trade? 🤔
#Binance
* SL automatically sells your crypto to limit losses if the price drops. 📉
* TP automatically sells to secure profits when the price hits your target. 📈
To set them up, just choose a Stop-Limit or #OCO order on Binance. Remember to set them before you trade and to use a risk-reward ratio! ⚖️
Do you use both SL and TP when you trade? 🤔
#Binance
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#Tip How to Avoid Losses with the OCO Order on Binance
Did you know you can protect your profits and reduce risks automatically? 🤔
The answer is in the OCO function (One Cancels the Other)!
🔹 What is OCO?
It is a double order:
1️⃣ Take Profit (profit sale) – sets the price at which you want to sell for a gain.
2️⃣ Stop Loss (protection sale) – sets the minimum price to avoid large losses.
👉 Quick example:
You bought a token at $100.
Want to make a profit if it reaches $120 (Take Profit).
But you don't want to lose below $90 (Stop Loss).
The answer is in the OCO function (One Cancels the Other)!
🔹 What is OCO?
It is a double order:
1️⃣ Take Profit (profit sale) – sets the price at which you want to sell for a gain.
2️⃣ Stop Loss (protection sale) – sets the minimum price to avoid large losses.
👉 Quick example:
You bought a token at $100.
Want to make a profit if it reaches $120 (Take Profit).
But you don't want to lose below $90 (Stop Loss).
See original
$BNB
Gradual rise towards slow upward trend😍
Perhaps it has broken its previous record before the market downturn
We recommend buying with the activation of trading mechanisms #OCO
Gradual rise towards slow upward trend😍
Perhaps it has broken its previous record before the market downturn
We recommend buying with the activation of trading mechanisms #OCO
**"Want to Stay Safe in Crypto? Master Spot Trading with OCO Orders – Your Shield Against Losses!"**
🚀 **Trade Smarter, Not Harder!**
Ditch the stress of volatile markets! **Spot trading with OCO (One-Cancels-the-Other) orders** lets you lock in profits and limit losses—automatically.
🔒 **Protect Your Gains, Cut Your Risks**
- **Secure profits** when prices rise
- **Stop losses** before they hurt you
- **No emotional trading**—set it and forget it!
#TradeSmart
#oco
$SOL
🚀 **Trade Smarter, Not Harder!**
Ditch the stress of volatile markets! **Spot trading with OCO (One-Cancels-the-Other) orders** lets you lock in profits and limit losses—automatically.
🔒 **Protect Your Gains, Cut Your Risks**
- **Secure profits** when prices rise
- **Stop losses** before they hurt you
- **No emotional trading**—set it and forget it!
#TradeSmart
#oco
$SOL
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$AWE
It is currently witnessing a strong rise🟢🟢
It is advisable to activate stop-loss mitigation mechanisms #oco
Given the overbought condition, a sharp downward correction is very likely💖We certainly do not wish for that💖
It is currently witnessing a strong rise🟢🟢
It is advisable to activate stop-loss mitigation mechanisms #oco
Given the overbought condition, a sharp downward correction is very likely💖We certainly do not wish for that💖
Combined Take Profit / Stop Loss Order (OCO)
I discovered way too late that Binance has its own order type to create a proper "Take Profit / Stop Loss order" and have always used other trading apps via the Binance API for that purpose. Some of these were even paid if they were any good.
So, I'd like to briefly introduce this to you!
OCO = "One cancels the other" Order
Take Profit Part:
1. A normal Limit Order is created at this value. If BNB reaches 599, it will be sold for 599. Triggering this will cancel the stop loss Part automaticly.
Stop Loss Part:
2. Here, it is defined when (in our case at 550) the Stop Loss Part is activated, and the Limit Order for the Take Profit Part is cancelled.
3. Immediately after that, a Limit Order for 525 is automatically created.
4. Enter the quantity of coins you want to sell here.
So, if BNB now rises to 599, the coin will be sold for 599; if it falls below 550, the coin will be sold at 525.
Now you have both a Take Profit and a Stop Loss Order for the same coin, and you don't have to worry about missing the exit while you're away, in both directions!
I hope this helps you; I only knew it as TP/SL before and not as OCO, which is why I overlooked it for so long at Binance and missed it a lot.
#oco #TakeProfits #StopLossStrategies $BNB #guide #Tutorial
So, I'd like to briefly introduce this to you!
OCO = "One cancels the other" Order
Take Profit Part:
1. A normal Limit Order is created at this value. If BNB reaches 599, it will be sold for 599. Triggering this will cancel the stop loss Part automaticly.
Stop Loss Part:
2. Here, it is defined when (in our case at 550) the Stop Loss Part is activated, and the Limit Order for the Take Profit Part is cancelled.
3. Immediately after that, a Limit Order for 525 is automatically created.
4. Enter the quantity of coins you want to sell here.
So, if BNB now rises to 599, the coin will be sold for 599; if it falls below 550, the coin will be sold at 525.
Now you have both a Take Profit and a Stop Loss Order for the same coin, and you don't have to worry about missing the exit while you're away, in both directions!
I hope this helps you; I only knew it as TP/SL before and not as OCO, which is why I overlooked it for so long at Binance and missed it a lot.
#oco #TakeProfits #StopLossStrategies $BNB #guide #Tutorial
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⚙️ Types of Trading Orders in Cryptocurrencies
🔹 Market Order 🏃
- Buy or sell immediately at the current price.
- Fast and easy, but it may be subject to price slippage ⚡.
🔹 Limit Order 🎯
- Specify the price at which you want to buy or sell.
- It may wait for execution until the desired price is reached ⏳.
🔹 Stop Loss Order 🛑
- Automatically sells the asset when the price reaches a certain limit to protect capital.
- Reduces losses in volatile markets ⚠️.
🔹 OCO Order (One Cancels the Other) 🔄
- Combines a limit order and a stop loss order in one trade.
- If one order is executed, the other is automatically canceled ✅.
- Useful for setting profit targets and protecting capital at the same time 💡.
🔹 Tip 💡
Make sure you understand how to set prices for each order to avoid incorrect execution ⚠️.
#Write2Earn #oco #Order
$ALT $ARPA $ALGO
🔹 Market Order 🏃
- Buy or sell immediately at the current price.
- Fast and easy, but it may be subject to price slippage ⚡.
🔹 Limit Order 🎯
- Specify the price at which you want to buy or sell.
- It may wait for execution until the desired price is reached ⏳.
🔹 Stop Loss Order 🛑
- Automatically sells the asset when the price reaches a certain limit to protect capital.
- Reduces losses in volatile markets ⚠️.
🔹 OCO Order (One Cancels the Other) 🔄
- Combines a limit order and a stop loss order in one trade.
- If one order is executed, the other is automatically canceled ✅.
- Useful for setting profit targets and protecting capital at the same time 💡.
🔹 Tip 💡
Make sure you understand how to set prices for each order to avoid incorrect execution ⚠️.
#Write2Earn #oco #Order
$ALT $ARPA $ALGO
Dear trader did you know the #OCO ? what is the benefit of this button when you #sell ?
#assignment #day15 Of #1000days challenge
what does this button mean!
#assignment #day15 Of #1000days challenge
what does this button mean!
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