how to set stop loss on bitget

To protect your trades from adverse price movements, Bitget provides a "Stop Loss" feature, allowing you to define a price trigger that automatically closes your position if the market turns against you.

Nov 07, 2024 at 02:52 am

How to Set Stop Loss on Bitget

1. Go to the Bitget trading interface.

   • You can access the trading interface by clicking on the "Trade" tab in the Bitget navigation bar.

2. Select the trading pair you want to trade.

   • You can select the trading pair you want to trade from the dropdown menu in the top left corner of the trading interface.

3. Click on the "Stop Loss" button.

   • The "Stop Loss" button is located in the bottom left corner of the trading interface.

4. Enter the stop loss price.

   • The stop loss price is the price at which you want your order to be executed if the price of the asset falls below that price.
5. Click on the "Set" button.
6. The stop loss order will be placed and will be executed if the price of the asset falls below the stop loss price.

Example:

Let's say you are trading the BTC/USDT trading pair and you want to set a stop loss order at $10,000. To do this, you would:

1. Go to the Bitget trading interface.
2. Select the BTC/USDT trading pair.
3. Click on the "Stop Loss" button.
4. Enter the stop loss price of $10,000.
5. Click on the "Set" button.

Your stop loss order will now be placed and will be executed if the price of BTC falls below $10,000.