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What are the steps to enable stop loss functionality on Robinhood for digital assets?

avatarrest institutionDec 26, 2021 · 3 years ago1 answers

I want to enable stop loss functionality on Robinhood for my digital assets. Can you please provide me with the steps to do so?

What are the steps to enable stop loss functionality on Robinhood for digital assets?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Enabling stop loss functionality on Robinhood for digital assets is quite simple. Just follow these steps: 1. Open the Robinhood app on your phone. 2. Tap on the 'Invest' tab at the bottom. 3. Search for the digital asset you want to enable stop loss for. 4. Tap on the asset to view its details. 5. Scroll down and locate the 'Stop Loss' option. 6. Toggle the switch to enable stop loss. 7. Set your desired stop loss price. 8. Confirm the stop loss order. That's it! You have successfully enabled stop loss functionality on Robinhood for your digital asset.