🏧You Enter Long and Market Goes down😂Do this
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Here's a simple 6-step guide on how to move your stop loss to the entry price in the Binance Futures app on your mobile phone while your trade is active:
🎯Open the Binance Futures App: Launch the Binance app and navigate to the "Futures" tab.
🎯Go to Active Positions: Tap on "Positions" at the bottom of the screen to see your current active trade(s).
🎯Select the Trade: Choose the specific position you want to adjust by tapping on it. This will display more details about the trade.
🎯Locate Stop-Loss Option: Scroll down to find the "Stop-Loss" option within the trade details.
🎯Edit Stop-Loss: Tap on "Edit" or "Modify" next to the Stop-Loss field. In the popup, enter your entry price as the new stop-loss price.
🎯Confirm: Double-check the new stop-loss level and confirm by tapping on “Update” or “Save.” Your stop loss is now moved to your entry price.
This adjustment helps secure your trade by minimizing potential losses if the market moves against you.
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