vicmaveric
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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
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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