Post
Topic
Board Trading Discussion
Re: Setting Stop-Loss at Binance
by
Pipdips
on 16/08/2019, 16:13:53 UTC
Binance trading interface is the simplest I have ever seen and it is very user friendly, that is why they have advanced and beginner on their exchange, probably he is been going to advance which is why he is not seeing the feature, because it is very glaring on the beginner own and that is one of the first thing he should even see once he is setting his buy order.
Bingo!  I have always used Binances Advanced exchange.

But at any rate, Binance does not allow setting two exit points (high, and low).  It is more like you can pull off doing trailing stops, while having to continually reset positions manually.  Binance does not allow to just set two positions (high and a low) and just leave them be.

Still it remains very confusing for me and that is probably because the only exchange I have experience with is Binance.  Certainly everyone says it is easy to learn but the only strategy I use is scalping, so I never leave positions open for any reason, and I always manually close out all of my positions before logging out.