🚨A very important thing that you must use in immediate or futures trading, which is
❌️Stop Limit
✅️Means any stop limit request
👍Simply we will explain what any stop limit request means in immediate trading
🤦♂️For example, you were in a currency and its price was low and you made a profit of about $ 1, for example, so you are afraid that the currency will go down at any time, the currency will go down again and you will lose the $ 1. So what do you do to protect yourself🤦♂️
You will use the stop order ✅️
We will explain the picture 👍
The number one arrow is the ustd stop
And it means that you set the price that you are the first time the currency reaches, an immediate sale of the currency will occur
That means you set the price that if the currency ends up going down and you get close to it, an immediate sale will occur
Of course, you will set the price at which you profit 90 cents for example, because if you put a lower number like this, you entered 90 cents
That means the more you go down, the more it takes from the dollar, meaning it is better to be 80% of your profit
Stock No. 2
This is the place where you will determine the selling point and it must be lower than the one above it, and here the sale will take place when the limit is reached
Stock No. 3 will determine the quantity directly
$1MBABYDOGE
$WIN
And that's it, you have protected yourself from loss
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