"STOP LOSS"
Good morning to everyone even the people it's not morning for, So finally Today is the day we are Going to learn about Stop Loss 🫡
The Article i will upload in 4 hours 11-12 AM IST, this post is for giving you an idea, for making things easy.
Understand these terms first 👇
👉 SL stands for "stop loss". It's an order to sell a Coin if its price falls to a certain level.
👉 LONG positions are when you buy a coin hoping its price will go up.
👉 SHORT positions are when you sell a coin hoping its price will go down.
👉 Stop orders are orders to buy or sell a coin at a certain price. They're activated when the price of the coin reaches the stop price.
👉 Trailing stop loss is a type of stop loss order that moves up or down as the price of the coin moves.
I will post in Stop Loss article today, I hope that will more helpful ✅