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.

Yet another thing that hasn't and at this point likely won't be developed. Do a few rails, blast some snatch out, and get massive gains. If you are even i would say yes , 100% take it out. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. Then you have to consider RobinHood and realize they'll probably sell far lower than what your stop loss was set at. Press question mark to learn the rest of the keyboard shortcuts. I was only talking about robhinhood. How To Use Trailing Stop Order (Robinhood Platform) - YouTube Is this a thing in Robinhood? Official r/Robinhood Discord Server: https://discord.gg/Robinhood (It's where the people who aren't garbage are most of the time) Standard disclaimer: The content in this thread is for information and illustrative purposes only and should not be regarded as investment advice or as a recommendation of any particular security or course of action. I would hold it it will go back up you can at least get your money back if you wait. Thought I set a stop loss and it sold at market. If the stock falls below its highest price by the amount you choose, a A trailing stop order lets you track the best price of a stock before triggering a market order. Trailing stop orders keep track of stock prices, so you don’t have to. Sorry, this post was deleted by the person who originally posted it. With the volatility of crypto I would be scared to trade without a stop loss. By using our Services or clicking I agree, you agree to our use of cookies. For a lot of cryptos a stop loss is the last thing you want to do. Investors often use trailing stop orders to help limit their maximum possible loss.

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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