Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Stop loss after buying coin
by
nelson4lov
on 17/07/2020, 14:44:41 UTC
⭐ Merited by Charles-Tim (1)

Hi all

is it possible to put a stop loss on a bought coin after you have bought it ? Just wondering because i am still learning and have only just come across stop loss. I use coinbase pro - is it possible on there?

Yes, It's possible to set stop loss orders on almost all exchanges (including coinbase). if I'm not mistaken. You can see order types available at coinbase.pro exchange, what each order type does and how to set different order types like stop loss, limits and more.

I didn't used coinbase pro, so I don't know if stop loss features available there.

Stop loss order type is available on coinbase.pro. It's a small but cool tool that comes in very handy. The functionality is available on almost all exchanges.