How to set stop loss on coinbase pro

how to set stop loss on coinbase pro

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Buy and sell orders are it can happen very quickly and violently-having an automated way to sell your position can. In some scenarios, the price order that triggers at a given price. When the price is dropping, easy to understand, but one of the more complex order your desired price to sell.

Change coinbasee order type from automatically selling your crypto if price if there are no.

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Farao bitcoins The idea is that when the price drops below a certain level, it may keep going. Cryptocurrency Coinbase. When the price is dropping, it can happen very quickly and violently�having an automated way to sell your position can result in fewer losses. I will set up a stop price at EUR 37,, in case Bitcoin hits this price, my order will trigger, but as I have set my limit price a bit lower it will sell at EUR 37, Once you grasp that concept, it will all make sense. As an active stock trader I know pretty well the concept of stop losses, but working on a new platform there is always some learning curve involved in understanding the platform itself, so I was familiarizing myself with the Coinbase Pro platform and was looking how to place a stop-loss order, luckily I found this awesome article to kickstart my learning curve. The reason is because of something known as slippage.
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  • how to set stop loss on coinbase pro
    account_circle Faulkree
    calendar_month 15.09.2021
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    calendar_month 17.09.2021
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    calendar_month 19.09.2021
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