Jump to content

Stop Orders - place x2 at the same time


Recommended Posts

Hi - i'm looking to understand whether it is possible to place x2 stop order's at the same time, which if the first is filled then the second auto cancels. I'm trading intra-day and often see where the price level remains within a small range for a period of time and then breaks to the upside or downside. 

Link to comment
8 minutes ago, wixy24 said:

Hi - i'm looking to understand whether it is possible to place x2 stop order's at the same time, which if the first is filled then the second auto cancels. I'm trading intra-day and often see where the price level remains within a small range for a period of time and then breaks to the upside or downside. 

Hi, yes you can place a stop order above and below the current price but not sure which platform and if has a OCO (one cancels other) function, you may need to manually cancel the one not triggered.

Link to comment
Guest Firewing

Hi,

I'm new to trading. I have a somewhat related question.

Suppose I buy index stock X at 1,000 with stop at 40 but no upper limit. After some time it rises to 1,500. Can I put in a mechanism that sells the stock if it falls to 1,400? This way I won't have to worry about taking in a loss.

Link to comment

Hi,

I'm new to trading. Have a question. Suppose I buy stock X on the index at 1,000 with a stop of (at 960). The index rises to 1,500 after some time. Can I use a mechanism to sell the stock at 1,400 to stop any future loss in case it does go down to 960?

Link to comment
15 hours ago, Firewing said:

Hi,

I'm new to trading. Have a question. Suppose I buy stock X on the index at 1,000 with a stop of (at 960). The index rises to 1,500 after some time. Can I use a mechanism to sell the stock at 1,400 to stop any future loss in case it does go down to 960?

Hi, yes a stop loss order is just an order to sell the same amount of stock at a set price below the current price. You should be able to move your original stop but if not you can create a new one.

  • Like 1
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Another Advance algorithm innovation #Ranzo Protocol hit the Bitget Pre-market trading. an over-the-counter (OTC) platform that specializes in providing a marketplace for new coins before their official listing. The unique features facilitates peer-to-peer trading between buyers and sellers, allowing them to acquire coins at optimal prices and secure liquidity in advance. Think of it as a sneak peek into the crypto world, where you can grab tokens before they become widely available. Ranzo protocol is an innovative platform that aims to revolutionize the way users trade cryptocurrencies. By utilizing a unique algorithm, Ranzo protocol provides a decentralized environment for traders to execute trades more efficiently and securely. This protocol ensures transparency and trust in transactions, making it a reliable option for users looking to engage in trading activities. One of the key advantages of the Ranzo protocol is its high level of security. The decentralized nature of the platform eliminates the risks associated with traditional centralized exchanges, such as hacks and theft. Users can have peace of mind knowing that their assets are protected by a robust security system. Additionally, the Ranzo protocol offers fast transaction speeds and low fees, making it an attractive option for users who want to execute trades quickly and cost-effectively. The platform's advanced algorithm enables swift processing of transactions, resulting in a smooth trading experience for users. The combination of the Ranzo protocol's advanced technology, security features, and trading benefits, along with Bitget's reputable platform, makes joining pre-market trading on the listing date a compelling opportunity for users seeking to enhance their trading experience and maximize their investment potential.
    • I've heard that the APRs can be quite competitive and change frequently, which can be beneficial for maximizing earnings. Staking seems like a relatively accessible way to earn on idle crypto assets, and it's awesome that it offers attractive returns and innovation not found in traditional finance. For anyone looking to explore new investments, staking and flexible savings could be worth considering. It's important to DYOR, but for crypto enthusiasts, it seems like a promising way to unlock diversified, sustainable passive income streams. If you're interested in making some extra cash, you might want to check out these legit apps to make money. They could be a fun and easy way to earn a bit on the side.
    • While the posts Bitcoin halving haven't been eventful for some people so far, investors are always brainstorming effective ways for people earn with the BTC they already own. In that regards, my early morning surfing landed me at the shores of BounceBit and I believe it's CeFi + DeFi model is worth sharing. BounceBit basically is a pioneering native BTC Restaking chain that's reshaping how Bitcoin holders earn yield on their assets while securing its network through a dual-token staking system that combines the robustness of Bitcoin and the flexibility of BounceBit tokens.   What was impressive in my opinion was how users generate passive income from their idle BTC. They achieved this with their first-of-its-kind Proof of Stake mechanism which leverages native BTC security while ensuring full Ethereum Virtual Machine compatibility.   Supported by giants like Binance Lab, Breyer Capital, and Blockchain Capital, BounceBit is poised to transform Bitcoin’s utility and it’s Pre-Market Trading just rolling out on Bitget I believe will be another milestone in their journey.
×
×
  • Create New...
us