Take profit and stop loss binance

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Note that the Take Profit and Txke Loss orders will be executed in the order they were placed until the that the secondary order will be canceled when the primary order is executed.

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{Tutorial} Como colocar Stop Loss y Take Profit en Binance
In contrast, Take Profit automatically closes your order when you've made profits to a certain level. Setting Stop Loss and Take Profit orders may seem easy. The system decides if an order is stop-loss or take-profit based on trigger price levels and last price or mark price when the order is placed. A stop-loss is an order you place to your trades to exit a position if the market moves against your plan. As the name implies, a stop-loss is meant to limit.