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Economy => Exchanges => Topic started by: forestx on February 04, 2021, 11:31:02 PM



Title: binance futures and trailing stop losses
Post by: forestx on February 04, 2021, 11:31:02 PM
I have just started  getting into to futures and testing the waters with some loose change I had. So far its OK but wondering something about stop losses
First how do I put a trailing  stop loss in when you are setting up a trade and can you get it to kick in after a certain point/ price target

Also if I set up a stop loss when I open a trade how can I change it later

Thanks


Title: Re: binance futures and trailing stop losses
Post by: logfiles on February 06, 2021, 09:22:01 PM
First how do I put a trailing  stop loss in when you are setting up a trade and can you get it to kick in after a certain point/ price targetv
The option is in the same tab that you used to buy or sell using your Limit or market order. You set it up separately after your trade order. And yes, it gets triggered after a certain target price is met.

Also if I set up a stop loss when I open a trade how can I change it later

Thanks
Yes you can. it's not permanent