What are the recommended steps to follow when setting stop loss on KuCoin?

1 answers

• May 07, 2022 · 3 years ago
  When it comes to setting stop loss on KuCoin, it's important to follow these steps: 1. Login to your KuCoin account and navigate to the trading page. 2. Select the cryptocurrency pair you want to trade. 3. Locate the stop loss option and click on it. 4. Set the stop price at which you want your trade to be executed automatically. 5. Specify the quantity or percentage of your holdings that you want to sell when the stop price is reached. 6. Review all the details and confirm your stop loss order. 7. Keep an eye on the market and make adjustments if necessary. By following these steps, you can effectively manage your risk and protect your investment on KuCoin.
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