How can I use stop limit orders in cryptocurrency trading on thinkorswim?

1 answers

• Mar 01, 2022 · 3 years ago
  Using stop limit orders in cryptocurrency trading on thinkorswim is a smart strategy to protect your investments. Here's how you can do it: 1. Log in to your thinkorswim account and navigate to the Trade tab. 2. Search for the cryptocurrency you want to trade and select it. 3. Click on the Order Entry panel and choose the Stop Limit order type. 4. Enter the stop price and the limit price. 5. Specify the quantity you want to buy or sell. 6. Review your order details and click on the Place Order button to submit your order. That's it! Your stop limit order will be placed and executed when the market reaches your specified stop price and limit price.
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