Cryptocurrency Q&A
Can I put stop-loss above buy price?
Can I put stop-loss above buy price?
Federica
Thu Dec 05 2024
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6 answers
1250
I'm considering setting a stop-loss order for my investment, but I'm not sure if it's possible to set it above the buy price. I want to understand if this is a viable option to manage my risks.
6 answers
Gianluca
Sat Dec 07 2024
These specific order types offer traders the ability to execute trades at prices that are not immediately available in the market.
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BonsaiLife
Sat Dec 07 2024
For instance, to buy above the Last Traded Price (LTP), a trader can place a Buy SL order.
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SakuraPetal
Sat Dec 07 2024
This order will only be executed if the market price reaches the specified purchase price set by the trader.
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CryptoBaron
Sat Dec 07 2024
Sell SL orders are employed when the intention is to sell below the buy price.
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lucas_clark_artist
Sat Dec 07 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to such trading strategies.
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