Is it possible to automate the process of setting a stop loss on GDAX for my digital currency trades?

3 answers

• KalibertyJul 07, 2023 · 2 years ago
  Yes, it is possible to automate the process of setting a stop loss on GDAX for your digital currency trades. GDAX provides an API that allows you to programmatically set stop loss orders. By using the API, you can create a script or program that automatically sets stop loss orders based on your predefined criteria. This can save you time and help you manage your trades more effectively.
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• Das ZielDec 11, 2021 · 4 years ago
  Absolutely! GDAX offers an API that enables you to automate the process of setting stop loss orders for your digital currency trades. With a bit of coding, you can create a bot or script that monitors the market conditions and triggers stop loss orders when certain criteria are met. This can be a great way to protect your investments and minimize potential losses.
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• Paul MichaudApr 26, 2023 · 3 years ago
  Yes, you can automate the process of setting a stop loss on GDAX for your digital currency trades. One way to do this is by using a third-party trading platform like BYDFi. BYDFi offers advanced trading features, including the ability to set automated stop loss orders. With BYDFi, you can customize your stop loss settings and let the platform handle the execution for you. It's a convenient and efficient way to manage your trades.
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