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How To Set A Stop-Limit (Stop-Loss) On Coinbase - Step By Step
A stop-limit order allows you to automatically place a limit order to buy or sell when an asset's price reaches a specified value. You can do this by going to the "Recurring buys" section of your Coinbase account and clicking the "Cancel" button next to the relevant order. Type: The order type (market, limit, or stop limit). Side: The transaction type (buy or sell). Price: The price set for this trade in.

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We explain each using simple terms. The Trailing Buy order strategy for Coinbase Pro makes it easy to buy assets at a lower price than the initial market price just when the price trend changes its direction. The risk come from that fact that the market is often volatile and sometimes there is low volumes.