đĄïž How to Use a Trailing Stop in Crypto â Lock in Gains While Riding $BTC Trends
A trailing stop is a smart trading tool that adjusts automatically with price movement. It allows traders to protect profits while staying in a position during upward momentum. On Binance, both spot and futures traders use it to ride trends safely.
Example:
Letâs say $BTC trades at $110,000. You set a 5% trailing stop. If $BTC climbs to $115,000, your stop-loss moves up to $109,250. If the price reverses by 5%, your position exits automatically with gains intact.
Benefits:
â Protects profits
â Reduces emotional decision-making
â Perfect for volatile assets like $BTC
đ Combine it with support/resistance zones or moving averages for better precision.