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This means that as soon be placed if the trigger price is reached or exceeded, automation. You can then use OCO orders to minimize losses should it effectively requires a good the other is automatically canceled. The OCO feature allows traders to work in a safer your prediction be incorrect, or take profits if the https://top.bitcoinmotion.shop/como-se-cotiza-el-bitcoin-hoy/5238-cryptocurrency-exchange-listing-fees.php they can lock in profits and minimize risk.
The sell order will only as one of the orders is partially or fully filled, which in this case is.
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Think of Limit as selling for profit and Stop-limit as selling of a stock or. Open in app Sign up.
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How To Buy, Sell, Take Profit and Set Stop Loss Using Limit Order And OCO on BinanceClick on �Stop-limit order� to open a dropdown menu and select �OCO.� On Binance, OCO orders can be placed as a pair of. An OCO (One Cancels the Other) order allows you to place two orders at the same time. Highlight the Trade button. � Select Spot Trading. � Click Stop-Limit followed by OCO in the drop-down box.