As a result, there is traders to lock in potential earnings while keeping their positions limit orders will only trigger so long as the market moves in their favor.
However, this also means the price at which your stop order is executed may deviate further from your trigger price. On Binance Futures, stop orders are primarily utilized to secure profits and limit losses through take-profit and stop-loss orders, respectively. For newcomers it can be hard to figure out what to enter in each field for the Stop-Limit order, and so I made this short guide in the hopes that it will help somebody out and make it a little more clear. Advantages of a Stop-Limit Order Customization A stop-limit order lets you customize and plan out your trades. B No, I think it will fall short.
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