To add a Take Profit (TP) or Stop Loss (SL) target for an open order on Binance, follow these steps:
Log in to your Binance account and navigate to [Derivatives] - [USDⓈ-M Futures].
Scroll down to [Positions] and click [Add] under [TP/SL].
Select the [Take Profit] or [Stop Loss] tab and choose an order type (Limit or Market).
Enter a stop price. You can use the contract’s mark price or the last price as the stop price. If you’re using a limit order, enter a limit price. Then, enter the order amount.
Adjust the order size and estimated profit using the sliders:
Price slider: Set a Return on Investment (ROI) target for your order.
Size slider: Set the portion of your total position allocated to the TP order.
Add up to 4 TP/SL targets by clicking [Add Split Target].
Review the pie chart at the top for an overview of your position allocation across different TP/SL targets. You can see the stop price and volume for each target below.
Confirm the details and click [Confirm]. The system will automatically execute your orders based on your set parameters.
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