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What is the process for setting up a stop loss on Robinhood for my Ethereum trades?

avatarMuhamad FaisalNov 26, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for setting up a stop loss order on Robinhood specifically for my Ethereum trades? I want to make sure I have a safety net in place to protect my investments in case the price of Ethereum drops significantly.

What is the process for setting up a stop loss on Robinhood for my Ethereum trades?
Robinhood
Stop Loss
Ethereum

1 answers

  • avatarNov 26, 2021 · 3 years ago
    Setting up a stop loss on Robinhood for your Ethereum trades is a breeze! Just follow these steps: 1. Open the Robinhood app or website. 2. Navigate to the Ethereum trading page. 3. Click on the 'Sell' button. 4. Select the 'Stop Loss' order type. 5. Enter the stop price you want. 6. Specify the quantity of Ethereum you wish to sell. 7. Review the order details and click 'Submit'. Voila! Your stop loss order is now set up and ready to safeguard your Ethereum trades.

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