Trade Bitcoin Trading

Set Stop Loss on Bitcoin Trade in MT5 iPhone App

Trade Crypto and Set Stop Loss Orders on MT5 iPhone App

Trading Bitcoin Set SL on MT5 iPhone App

A stop-loss order in cryptocurrency trading is a tool used to close a trade when the market moves against the trader's position by a specified number of pips, helping to limit potential losses.

Once the stop loss crypto order is set at a specified level, this stop loss cryptocurrency order will automatically close out the open btcusd trade once the btcusd crypto price reaches this stop loss cryptocurrency order btcusd 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 for Bitcoin Orders in MT5 iPhone App Tools Menu When Placing New Orders

Start a new BTCUSD buy or sell order via the tools menu in MT5 Bitcoin, as pictured.

The New order button for placing a new btcusd trade is depicted below.

Crypto Trade Set Stop Loss Crypto Order in MetaTrader 5 iPhone App

Crypto Trade Place a StopLoss on MT5 iPhone App?

Once you choose new trade order button like is shown above the following bitcoin order popup window will pop up and as a btc/usd trader you 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 Order Level.

Crypto Trade Set Stop Loss Crypto Order on MetaTrader 5 iPhone App

Crypto Trade Set and Place a Stop Loss in MT5 iPhone App?

The following parameters are provided for configuring a new Stop Loss Order concerning BTCUSD transactions:

Stop Loss for CryptoCurrency Order. Set a stop loss on your Bitcoin order. You can do this after opening the trade or for pending Bitcoin orders.

Open Buy or Sell BTCUSD Crypto Trade by Clicking the Following Button Keys:

  1. Sell by Market - Open a Sell Bitcoin Trade
  2. 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 Panel Window Above to Place The Stop Loss Bitcoin Order for the New Order

You also can get this panel window so that to modify an open buy or sell btcusd trade - To find and get this order panel window for a buy btcusd crypto trade, right-click on opened buy or sell btcusd 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 can set StopLoss Bitcoin Order using the method/technique described above.

Place a Stop Loss CryptoCurrency Order in MetaTrader 5 iPhone App?

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