Binance/GDAX Stop Loss Strategies

This video goes through: – How Bitcoin/cryptocurrency stop-losses work – Strategies for crypto stop-losses – What Bitcoin/crypto exchanges support stop-losses …


  1. Why not just set a limit order at $18K ? Why the need for a stop ? .. The limit order is completed the moment xbt(btc) price reaches $18K
    I think binance allows two stop-limit order at same time per market symbol. So what I think stop limit should be used for (I am not sure yet on this) .. should be used to set up 2 possible limit orders simultaneously .. so that one limit order is placed automatically based on the stop condition met .. Condition1: price goes above profit threshold. Condition2: price goes below loss threshold.

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