Questions tagged [stop loss]

Sofia Mon Dec 02 2024 | 6 answers 1190

I'm wondering how to calculate the stop loss for BTC trading. I've heard it's important to set a stop loss to limit potential losses, but I'm not sure how to determine the right point. Is there a specific formula or method I can use to calculate the stop loss based on BTC's price movements or other factors?

Dreamchaser Mon Dec 02 2024 | 7 answers 2046

I'm trying to decide whether it's more beneficial to take profit early and avoid potential losses, or to stop loss and hope for a market turnaround. Which strategy is more effective in investing?

Martina Mon Dec 02 2024 | 7 answers 1582

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.

KDramaLegendaryStarlightFestival Mon Dec 02 2024 | 7 answers 1871

I am wondering if it is possible to simultaneously set a stop loss and a take profit point in my trading strategy. I want to minimize my losses while also securing profits at a certain point.

SamuraiCourageous Mon Dec 02 2024 | 5 answers 1445

I'm considering using Coinbase for trading cryptocurrencies, but I'm concerned about potential losses. I'm wondering if Coinbase offers a stop-loss feature that can help me minimize my risks by automatically selling my assets when they reach a certain price point.