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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!
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.
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.
↓Fungle,Multi Trading Platform for Crypt↓
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