How to Set a Stop Loss on Coinbase?
A stop-loss order is an order made with a broker or online exchange to purchase or sell a certain stock or cryptocurrency at a predetermined price. A stop-loss order is intended to restrict an investor's losses on a securities holding. Setting a stop-loss order 10% below the price at which you purchased the stock, for example, will restrict your loss to 10%. Assume you just acquired Facebook shares at $70 per share. You place a stop-loss order for $61 immediately after purchasing the stock. If the stock price goes below $61, your shares will be sold at the current market price.
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Website | askcryptowallet.com | ||
Ad Id | 28709089 | ||
Category | PC | ||
Posted | April 19, 2022 | ||
Expiry | May 19, 2022 | ||
Status | EXPIRED | ||
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