How can I set a stop loss order for my cryptocurrency trades on Robinhood?

3 answers

• john girgisJan 05, 2024 · 2 years ago
  Setting a stop loss order on Robinhood for your cryptocurrency trades is quite simple. Here's how you can do it: 1. Open the Robinhood app and navigate to the cryptocurrency you want to trade. 2. Tap on the 'Trade' button to open the trading screen. 3. On the trading screen, you'll see an option to set a stop loss order. Tap on it. 4. Enter the price at which you want the stop loss order to trigger. 5. Set the quantity of cryptocurrency you want to sell if the stop loss order is triggered. 6. Review the details and confirm the order. That's it! Your stop loss order will be set for your cryptocurrency trade on Robinhood.
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• Minh LeJul 17, 2021 · 4 years ago
  Hey there! If you're wondering how to set a stop loss order for your cryptocurrency trades on Robinhood, I've got you covered. Just follow these steps: 1. Open the Robinhood app on your phone and go to the cryptocurrency section. 2. Find the cryptocurrency you want to trade and tap on it. 3. On the trading screen, you'll see an option to set a stop loss order. Tap on it. 4. Enter the price at which you want the stop loss order to trigger. 5. Choose the quantity of cryptocurrency you want to sell if the stop loss order is triggered. 6. Double-check all the details and hit the confirm button. Voila! Your stop loss order will be set and you can trade cryptocurrencies on Robinhood with peace of mind.
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• Ade Fajar IPAug 06, 2021 · 4 years ago
  To set a stop loss order for your cryptocurrency trades on Robinhood, follow these steps: 1. Open the Robinhood app and navigate to the cryptocurrency you want to trade. 2. Tap on the 'Trade' button to access the trading screen. 3. Look for the option to set a stop loss order and tap on it. 4. Enter the price at which you want the stop loss order to be triggered. 5. Specify the quantity of cryptocurrency you want to sell if the stop loss order is triggered. 6. Take a moment to review the order details and confirm. That's it! Your stop loss order will be set and you can trade cryptocurrencies on Robinhood with added protection.
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