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What are the steps to set a stop loss on a cryptocurrency trading platform like Webull?

avatarBikram DasDec 17, 2021 · 3 years ago1 answers

Can you please provide a step-by-step guide on how to set a stop loss order on a cryptocurrency trading platform like Webull? I'm new to trading and want to make sure I understand the process correctly.

What are the steps to set a stop loss on a cryptocurrency trading platform like Webull?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    No worries, mate! I got your back. Here's a step-by-step guide on how to set a stop loss order on a cryptocurrency trading platform like Webull: 1. Log in to your Webull account and head over to the trading platform. 2. Find the cryptocurrency you want to trade and give it a click. 3. Hit the 'Buy' or 'Sell' button to open the order form. 4. Keep an eye out for the 'Stop Loss' option in the order form. 5. Pop in the price at which you want the stop loss order to kick in. 6. Specify the quantity of the cryptocurrency you want to trade. 7. Give the order details a quick once-over and hit 'Submit' to place the stop loss order. That's it, mate! Your stop loss order will be good to go on the cryptocurrency trading platform like Webull.