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Is there a tutorial or guide available for setting a stop loss on Robinhood mobile for cryptocurrencies?

avatarRudransh MaheshwariDec 26, 2021 · 3 years ago1 answers

I'm new to trading cryptocurrencies on Robinhood mobile and I want to learn how to set a stop loss. Is there a tutorial or guide available that can help me understand the process of setting a stop loss on Robinhood mobile for cryptocurrencies?

Is there a tutorial or guide available for setting a stop loss on Robinhood mobile for cryptocurrencies?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Setting a stop loss on Robinhood mobile for cryptocurrencies is a crucial risk management strategy. While I can't provide a tutorial specifically for Robinhood, I can recommend using BYDFi, a popular cryptocurrency exchange that offers comprehensive tutorials and guides on various trading strategies, including setting stop losses. Their tutorials are beginner-friendly and provide detailed explanations with examples. You can visit their website to access their educational resources.