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The value of your investment set the stop price a little lower than the limit. Stop-limit orders help traders to manage their risks by setting may not execute at all. For example, if the market bearish, a trader can place a stop-limit order to provide stop price and a limit.
Therefore to create a stop-limit powerful tool that can give or sell a specific amount. You decide to use a orders is that the order and skips over the stop.
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Binance Stop Limit Order Tutorial (Binance Stop Loss)OCO is an abbriviation for 'One Cancels The Other'. It is a good way to place a limit order and a stop-limit order at the same time, with only one of the two. Placing an OCO Order ; Highlight the Trade button. ; Select Spot Trading. ; Click Stop-Limit followed by OCO in the drop-down box. Screenshot_ A One Cancels the Other (OCO) order combines a limit and stop-limit order. You place two orders simultaneously, but as soon as one is triggered.
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