**Guide to Trading CFD on Binance - BAN/USDT**
💰 **Entry**: Open a long position with an opening price of 0.08
When trading CFDs on the Binance exchange, you need to clearly define the Entry (opening level) to start. In this example, we will buy the BAN token when the price reaches 0.08.
🎯 **Target 1**: If the price rises to 0.086, close part of the position
If the market hits target 1 at 0.086, you may consider closing part of the position to recover profits or reduce risk.
🛑 **Stop Loss Data**: If the price drops to 0.074, close the entire position
In this trade, the stop loss is set at 0.074. If the price falls below this level, you should close the entire position to avoid losses.
**Note:**
- CFD is a derivative product that carries high risk as profits can increase or decrease significantly in a short time.
- You need to thoroughly research the market and consider using technical indicators to make informed trading decisions.

