With a trailing stop order, the trailing stop price follows, or “trails,” the best price of the stock by a trail that you specify. They've had ears to implement this relatively simple feature.
Depends on the exchange. I don't know why I bought $300 worth of bitcoin on RH... Should I sell now or hold? Thanks. Edit: Sorry I'm in several crypto subs didnt realize this was r/Robinhood. Happened to me. RH crypto is the equivalent of having someone run a crypto account for you. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. This is where I get downvoted. They'll get hit hard and bought right back up in a matter of minutes. Nice to know there are still gladiators on reddit.
Nope. I would hope the few exchanges left would allow it, it's a very basic order type. So irritating. For a lot of cryptos a stop loss is the last thing you want to do. Then you have to consider RobinHood and realize they'll probably sell far lower than what your stop loss was set at. They'll get hit hard and bought right back up in a matter of minutes. Just started using stop losses...I would love to be able to set a dynamic threshold. I do not know.
I signed up to become a beta membef for Bitcoin.
It'd be like asking to give your money away. They've chosen not to. Cookies help us deliver our Services. For example, if you're selling a stock, a trailing stop order tracks the stock's highest price. Is crypto trading even open yet? It's been 4-5 years since I last traded but believe mintpal or cryptsy allowed it. When did you buy,? It'd be like asking to give your money away. (System maintenance, small delays, and access to multiple coins all suck a lot). Press question mark to learn the rest of the keyboard shortcuts. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. I know other exchanges have it.
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