Articles ยป stop-loss

stop-loss

Using stop-loss orders to minimize losses

In this article, we’ll take a closer look at what stop-loss orders are, how they work, and how you can use them to minimize your losses when trading cryptocurrencies. What is a stop-loss order? A stop-loss order is an order placed with a broker or exchange to sell a cryptocurrency at a predetermined price. The purpose of a stop-loss order is to limit the potential loss on a trade. If… Read More »Using stop-loss orders to minimize losses