Bitcoin Trade Set a Stop Loss CryptoCurrency Order in MetaTrader 5 iPhone App
How Do You Trade Crypto and Set a Stop Loss CryptoCurrency Order in MetaTrader 5 iPhone App?
Trading Bitcoin Set SL on MT5 iPhone App
A stop loss crypto order is an order used in crypto trading to close-out an open trade if the trade transaction moves against the online trader's open trade position by a certain number of pips.
Once the stop loss crypto order is set at a specified level, this stop loss cryptocurrency order will automatically close out the open btcusd crypto trade once the btcusd crypto price reaches this stop loss cryptocurrency order btcusd crypto price level. Stoploss order is used in bitcoin equity management so as to prevent and stop further losses if a bitcoin trade is moving against the direction of the online trader's open trade.
Set Stop Loss Bitcoin Order Setting When Opening New Bitcoin Order in the Tools Menu on MT5 iPhone Trading App
To open new order - buy or sell btcusd trade use tools menu within MT5 Bitcoin Platform just as shown below.
The New order button for placing a new btcusd trade is depicted below.
Crypto Trade Place a StopLoss on MT5 iPhone App?
Once you choose new trade order button like is illustrated and shown above the following bitcoin trade order popup window will pop up and as a btc/usd trader you as a trader can use this trade order popup window panel to set StopLoss Bitcoin Order Area for your new bitcoin trade.
This pop up includes the settings for placing a new btcusd crypto order as well as the parameters for setting StopLoss BTCUSD CryptoCurrency Order Level.
Crypto Trade Set and Place a Stop Loss in MT5 iPhone App?
Following Stop Loss Bitcoin Order Parameter Settings are specified for setting a new Stop Loss Order BTCUSD Order:
Stop Loss CryptoCurrency Order - Set StopLoss Bitcoin Order, This option can be set after opening the trade, or for pending bitcoin orders
Open Buy or Sell BTCUSD Crypto Trade by Clicking the Following Button Keys:
- Sell by Market - Open a Sell Bitcoin Trade
- Buy by Market - Open a Buy Bitcoin Crypto Currency Trade
To Buy at ruling bitcoin price & open new order select and choose the Buy by Market bitcoin crypto order button
To Sell at ruling btcusd crypto price and open a new bitcoin cryptocurrency order select and choose the Sell by Market btcusd crypto order button
After you open the new trade positions use the Stop Loss Bitcoin Order Window Panel Above to Place The Stop Loss Bitcoin Order for the New Order
You also can get this panel so that to modify an open buy or sell btcusd crypto trade - To find and get this order panel window for a buy btcusd crypto trade, right-click on opened buy or sell btcusd crypto trade, then after that you click 'Modify Order' after you click on modify order button and the above order settings button key will pop-up and appear and you as a trader can set StopLoss Bitcoin Order using the method explained above.
Place a Stop Loss CryptoCurrency Order in MetaTrader 5 iPhone App?
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