How can I set a stop order on GDAX to protect my investment?

3 answers

• McKee RandolphJun 25, 2021 · 4 years ago
  Sure! Setting a stop order on GDAX is quite simple. Here's how you can do it: 1. Log in to your GDAX account. 2. Go to the trading page and select the trading pair you want to trade. 3. On the trading page, you will find the 'Stop' tab. Click on it. 4. Enter the stop price at which you want your order to be triggered. 5. Set the amount of the cryptocurrency you want to buy or sell. 6. Choose the order type as 'Stop' and select whether you want to place a stop limit or stop market order. 7. Review your order details and click on the 'Place Order' button to submit your stop order. That's it! Your stop order will be placed on GDAX to protect your investment.
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• Ibrahim RebwarJan 01, 2025 · a year ago
  Hey there! Protecting your investment on GDAX with a stop order is a smart move. Here's a quick guide to help you: 1. Log in to your GDAX account and navigate to the trading page. 2. Select the trading pair you want to trade. 3. Look for the 'Stop' tab on the trading page and click on it. 4. Enter the stop price at which you want your order to be triggered. 5. Specify the amount of cryptocurrency you want to buy or sell. 6. Choose the order type as 'Stop' and decide whether you want a stop limit or stop market order. 7. Take a moment to review your order details and click on the 'Place Order' button to finalize your stop order. That's it! Your investment will now be protected with a stop order on GDAX.
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• Onur AlpAug 08, 2023 · 2 years ago
  As an expert in the field, I can guide you through the process of setting a stop order on GDAX. Here's what you need to do: 1. Log in to your GDAX account and navigate to the trading page. 2. Select the trading pair you want to trade. 3. Look for the 'Stop' tab on the trading page and click on it. 4. Enter the stop price that will trigger your order. 5. Specify the amount of cryptocurrency you want to buy or sell. 6. Choose the order type as 'Stop' and decide between a stop limit or stop market order. 7. Double-check your order details and click on the 'Place Order' button to execute your stop order. That's it! Your investment is now protected with a stop order on GDAX.
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