![take profit and stop loss binance](https://i.ytimg.com/vi/2efTrLQHsRs/maxresdefault.jpg)
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Yes, all positions will be closed after increasing or reducing the position. This will be applied to the entire position. These orders are executed through ptofit strategy order. Click [Limit] and enter the under [Open Orders] - [Close.
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Binance uses the mark price as a trigger for liquidation and to measure unrealized profit. However, the last price might deviate dramatically and significantly from stop-loss and take-profit orders.
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Binance Futures: Setting Take Profit \u0026 Stop Loss (Step-by-Step)On the Binance App, it's very easy to set up take-profit and stop-loss orders while entering a position. Go to [Futures] and check the box next. 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. Stop-loss and take-profit orders are ways for a trader to automatically close an open position when the trade reaches a certain price level.