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How to place OCO or stop loss on a open order

Binance

Cryptocoins Exchanges / Binance 241 Views

For example: I want to buy at a specific point. So I open a limit buy order because I don't have the time to constantly follow the charts

But I also want a stop loss to protect for a sudden drop after the buy order is fulfilled.

Is this possible in binance? If I place a limit buy, I can only configure a sell stop loss after the buy order is fullfilled, because I only have the coins after that point.

But if I dont have the time to follow the charts until the buy trigger point,the change excist I am to late to configure a stop loss or oco . .

How can I protect my losses in this case?

submitted by /u/crazylife0013
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