What are the steps to set stop loss on Kucoin spot trading?

3 answers

• Achraf FahimSep 04, 2021 · 4 years ago
  Sure! Setting a stop loss on Kucoin spot trading is a crucial risk management strategy. Here are the steps: 1. Log in to your Kucoin account and navigate to the spot trading section. 2. Choose the trading pair you want to set a stop loss for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want the stop loss order to be triggered. 5. Set the limit price, which is the price at which you want the stop loss order to be executed. 6. Specify the quantity of the asset you want to sell when the stop loss order is triggered. 7. Review all the details and click on the 'Confirm' button to place the stop loss order. Remember to regularly monitor your stop loss orders and adjust them as necessary to protect your investments.
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• MerjamFarjMar 10, 2023 · 2 years ago
  No worries! I've got you covered. To set a stop loss on Kucoin spot trading, follow these steps: 1. Log in to your Kucoin account and go to the spot trading section. 2. Select the trading pair you want to set a stop loss for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want your stop loss order to be triggered. 5. Set the limit price, which is the price at which you want your stop loss order to be executed. 6. Specify the quantity of the asset you want to sell when the stop loss order is triggered. 7. Double-check all the details and click on the 'Confirm' button to place your stop loss order. Make sure to keep an eye on the market and adjust your stop loss orders accordingly to protect your investments.
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• Choate CowanSep 25, 2021 · 4 years ago
  Certainly! Here's a step-by-step guide on setting a stop loss on Kucoin spot trading: 1. Log in to your Kucoin account and navigate to the spot trading section. 2. Choose the trading pair you want to set a stop loss for. 3. Click on the 'Stop-Limit' tab. 4. Enter the stop price, which is the price at which you want the stop loss order to be triggered. 5. Set the limit price, which is the price at which you want the stop loss order to be executed. 6. Specify the quantity of the asset you want to sell when the stop loss order is triggered. 7. Review all the details and click on the 'Confirm' button to place the stop loss order. Remember to regularly monitor your stop loss orders and adjust them as needed to protect your investments.
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