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Bot Trading 101 | How To Set a Stop Loss
A stop loss is an order that closes negative positions to limit the loss of a trade. In other words, it acts as a life vest, so you don't sink too much under water. They are set below the price for long positions (buys) and above the price for short positions (sells or short-selling), to close the trade when it has lost a specific amount determined by you.
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Cryptocurrencies | A Guide To Crypto Exchanges
A stop loss is an order that closes negative positions to limit the loss of a trade. In other words, it acts as a life vest, so you don't sink too much under water. They are set below the price for long positions (buys) and a…
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