⏬What is Stop Loss?

You will use Stop-loss order when you want to

• Buy at a price higher than the current price

• Sell at a price lower than the current price

This order method is used when you want to ride a momentum price increase or when you want to cut your losses. You may not have many opportunities to use a Stop loss buy order.

• I want to buy because the price will rise if it crosses this line....🥺

• If it drops below this line, I have to cut my losses for not crying out loud😭

This is when you use Fungle Stop loss!

Buy at a price higher than the current price

EX： If Cake goes up to 0.015 BNB a piece, I want to buy 5 BNB worth.

In this case, the Fungle display looks like this ↓

Press "Buy" and if you see something like this, you've succeeded!

When the token reaches the specified price, the token is automatically purchased.

Sell at a price lower than the current price

EX： If the price of Cake drops to 0.005 BNB a piece, I want to sell 10 CAKE.

In this case, the Fungle display looks like this↓

Press "Sell" and if you get a message like this, you have succeeded.

When the token reaches the specified price, the token is automatically sold.

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