Is it possible to set a trailing stop loss on Robinhood for my Ethereum options?

3 answers

• infinityMay 23, 2022 · 3 years ago
  Yes, it is possible to set a trailing stop loss on Robinhood for your Ethereum options. This feature allows you to automatically adjust your stop loss price as the price of Ethereum fluctuates. By setting a trailing stop loss, you can protect your profits and limit your losses in case the price of Ethereum suddenly drops. It is a useful tool for managing risk and maximizing your gains in volatile markets.
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• Karl GrossNov 18, 2024 · 8 months ago
  Absolutely! You can set a trailing stop loss on Robinhood for your Ethereum options. This feature is designed to help you protect your investment by automatically adjusting your stop loss price as the price of Ethereum moves. It allows you to lock in profits and limit potential losses. It's a great tool to use when trading Ethereum options, especially in a volatile market.
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• InkwizzzJan 09, 2023 · 3 years ago
  Yes, you can set a trailing stop loss on Robinhood for your Ethereum options. This feature is available on the Robinhood app and can be accessed through the order entry screen. Simply enter your desired trailing stop loss percentage and the app will automatically adjust your stop loss price as the price of Ethereum changes. This can help you protect your investment and maximize your profits in the cryptocurrency market. However, please note that this feature may not be available for all types of trades or in all regions.
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