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TagsWhat is the process for setting up a stop loss on Robinhood for my Ethereum trades?
JOSEPH D WHITEMar 06, 2022 · 3 years ago1 answersCan 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.
1 answers
- 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.Mar 06, 2022 · 3 years ago
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