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Are there any specific steps to follow when setting take profit and stop loss on KuCoin?

avatarBrady BarefootDec 16, 2021 · 3 years ago1 answers

What are the specific steps that need to be followed when setting take profit and stop loss orders on KuCoin? How can I ensure that my orders are executed correctly and efficiently?

Are there any specific steps to follow when setting take profit and stop loss on KuCoin?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    To set take profit and stop loss orders on KuCoin, start by logging in to your account and navigating to the trading page. Select the trading pair you want to trade and choose the 'Limit' order type. Enter the desired price for your take profit or stop loss level and specify the quantity you want to trade. Once you have reviewed all the details, click on the 'Buy' or 'Sell' button to place your order. It's important to note that setting take profit and stop loss levels can help you manage your risk and maximize your profits in cryptocurrency trading.