Cryptocurrency Q&A
Can you set stop loss and take profit at the same time in Kraken?
Can you set stop loss and take profit at the same time in Kraken?
Martina
Mon Dec 02 2024
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7 answers
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I'm wondering if it's possible to simultaneously set a stop loss and a take profit order on Kraken. I want to limit my losses while also securing profits at a certain point.
7 answers
Arianna
Wed Dec 04 2024
Setting exit points in trading is crucial for managing risk and locking in profits.
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Martina
Tue Dec 03 2024
TP/SL, which stands for Take Profit and Stop Loss, allows traders to predetermine their exit points.
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Tommaso
Tue Dec 03 2024
This ensures that you don't end up with unwanted positions in the market.
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alexander_watson_astronaut
Tue Dec 03 2024
You have the option to set either one or two exit points depending on your trading strategy.
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KimonoElegantGlitter
Tue Dec 03 2024
BTCC, a top cryptocurrency exchange, offers a range of services that can help traders manage their positions more effectively.
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