How to set a stop limit loss order for trading cryptocurrencies?

1 answers

• Sai SathwikDec 04, 2024 · 8 months ago
  Hey there! Want to know how to set a stop limit loss order for trading cryptocurrencies? Here's a step-by-step guide: 1. Log in to your trading account and go to the order placement section. 2. Select the cryptocurrency pair you want to trade. 3. Choose the 'stop limit' order type. 4. Set the stop price, which is the price at which you want the order to be triggered. 5. Set the limit price, which is the price at which you want the order to be executed. 6. Specify the quantity of the cryptocurrency you want to trade. 7. Review the order details and click 'submit'. That's it! Your stop limit loss order is now set. It will be triggered when the market reaches your specified stop price and executed at the limit price. Hope this helps! Happy trading!
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