Post
Topic
Board Exchanges
Re: Bittrex - Stop loss and profit
by
holepauvre
on 20/08/2017, 11:13:02 UTC
Hello,

I would like to know if it's possible to configure a sale with a stop loss and a sale with profit at the same time ?
For example, I buy an altcoin for 0.10BTC and I would like to take my profit when the altcoin will be 0.12BTC but also, I would like to buy if the coin will down to 0.08BTC. Is it possible ?

Many thanks.

Selling when the price rises to 0.12 BTC is called a limit sell order. Every exchange has that kind of order.
Selling after the price drops below 0.08 BTC is called a stop loss order. Most exchanges will have that kind of order. I imagine that exchanges will let you do both at the same time.

Yes you are right. But on Bittrex, when you put a limit sell order, your altcoin isn't available anymore. So you can't put also a stop loss order.