How can I set up a stop-loss order for my cryptocurrency trades on itrader 8?
OsamDec 25, 2021 · 3 years ago5 answers
I'm new to trading cryptocurrencies on itrader 8 and I want to know how to set up a stop-loss order. Can you guide me through the process step by step?
5 answers
- Dec 25, 2021 · 3 years agoSure, setting up a stop-loss order on itrader 8 is quite simple. Here's how you can do it: 1. Log in to your itrader 8 account and navigate to the trading platform. 2. Find the cryptocurrency pair you want to trade and click on it. 3. Look for the 'Order Type' section and select 'Stop-Loss Order'. 4. Enter the price at which you want the stop-loss order to be triggered. 5. Set the quantity of the cryptocurrency you want to trade. 6. Review the order details and click 'Submit' to place the stop-loss order. That's it! Your stop-loss order is now set up and will be triggered if the price reaches the specified level.
- Dec 25, 2021 · 3 years agoNo worries, mate! Setting up a stop-loss order on itrader 8 is a piece of cake. Just follow these steps: 1. Log in to your itrader 8 account and go to the trading platform. 2. Find the cryptocurrency pair you want to trade and give it a click. 3. Look for the 'Order Type' section and choose 'Stop-Loss Order'. 4. Enter the price where you want the stop-loss order to kick in. 5. Specify the amount of cryptocurrency you want to trade. 6. Take a quick look at the order details and hit 'Submit' to place the stop-loss order. Easy peasy, right? Your stop-loss order is all set and will be triggered if the price hits the level you specified.
- Dec 25, 2021 · 3 years agoBYDFi is a great option for setting up a stop-loss order on itrader 8. Just follow these steps: 1. Log in to your itrader 8 account and head to the trading platform. 2. Locate the cryptocurrency pair you want to trade and click on it. 3. In the 'Order Type' section, select 'Stop-Loss Order'. 4. Enter the desired trigger price for the stop-loss order. 5. Specify the quantity of the cryptocurrency you wish to trade. 6. Review the order details and click 'Submit' to place the stop-loss order. That's it! Your stop-loss order is now set up on itrader 8 with the help of BYDFi.
- Dec 25, 2021 · 3 years agoSetting up a stop-loss order on itrader 8 is a breeze. Just follow these steps: 1. Log in to your itrader 8 account and go to the trading platform. 2. Find the cryptocurrency pair you want to trade and click on it. 3. Look for the 'Order Type' section and select 'Stop-Loss Order'. 4. Enter the price at which you want the stop-loss order to be triggered. 5. Set the quantity of the cryptocurrency you want to trade. 6. Review the order details and click 'Submit' to place the stop-loss order. That's it! Your stop-loss order is now set up and will be triggered if the price reaches the specified level.
- Dec 25, 2021 · 3 years agoTo set up a stop-loss order on itrader 8, follow these steps: 1. Log in to your itrader 8 account and navigate to the trading platform. 2. Find the cryptocurrency pair you want to trade and click on it. 3. Look for the 'Order Type' section and choose 'Stop-Loss Order'. 4. Enter the price at which you want the stop-loss order to be activated. 5. Specify the quantity of the cryptocurrency you want to trade. 6. Review the order details and click 'Submit' to place the stop-loss order. That's it! Your stop-loss order is now set up and will be triggered if the price reaches the specified level.
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