How can I set a stop loss on Bybit for my cryptocurrency trades?

1 answers

• May 08, 2022 · 3 years ago
  Setting a stop loss on Bybit is a breeze! Just follow these simple steps: 1. Log in to your Bybit account and head to the trading section. 2. Choose the cryptocurrency pair you want to trade. 3. Look for the 'Stop Loss' option and click on it. 4. Enter the desired stop loss price for your trade. 5. Specify the quantity or percentage of your position that you want the stop loss to apply to. 6. Take a moment to review the details and click on the 'Confirm' button to set the stop loss. That's it! Your stop loss is now in place. Bybit will automatically execute your stop loss order if the price reaches the specified level. I hope this explanation was helpful! If you have any more questions, feel free to ask.
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