Post
Topic
Board Altcoin Discussion
Re: Help! Stop loss
by
xianbits
on 27/04/2021, 15:13:48 UTC
Hi, I'm new to crypto trading and I'm trying to figure out how to set up stop losses for small cap alt coins when I use a decentralized exchange or when my coins are in my wallet. Do I use tradingview or another website or app for stop losses and when I get a notification swap coins or sell? I'm really confused. Can you only create stop losses on centralized exchanges? If the centralized exchange does not have the alt coins that I'm trading how do I create a stop loss for it? "ELI5"
Yes you can only do it in centralized exchanges.
But wait, what do you really mean about "stop-loss"? I guess we have different understanding about it.