Bitcoin Forum

Economy => Exchanges => Topic started by: gravitate on March 04, 2016, 01:09:20 PM



Title: Kraken Help with Stop loss
Post by: gravitate on March 04, 2016, 01:09:20 PM
They stopped chat there which is very annoying.
Can anyone help please:


I have 1k eth and want to limit my losses if it drops.

For example I dont want to sell lower than 0.0121.

If I have 1000 ETh at the market price of 0.023 BTC.
I want to make sell them if the price reaches 0.0121

So so I enter an advanced sell. and do this:

SELL: ETH/XBT

Volume 1000 ETH
ORDER TYPE: STOP loss

Limit Price: - 0.002

leverage: 0

Conditional close: leave this to none.

Is that how I do it to limit my losses? If not can anyone help please with a small tutorial?