Bitcoin Trade Set a Stop Loss Cryptocurrency Order in MT5 iPhone App
How Do I Trade Cryptocurrency and Set a Stop Loss Cryptocurrency Order in MT5 iPhone App?
Trading Bitcoin Set SL on MT5 iPhone App
A stop loss bitcoin crypto currency order is an order used in bitcoin crypto currency trading to close an open trade if the trade transaction moves against the trader's 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 further losses if a bitcoin trade transaction is moving against the direction of the trader's open trade transaction.
Set Stop Loss Bitcoin Order Setting When Opening New Bitcoin Order in Tools Menu on MetaTrader 5 iPhone App
To open new order - buy or sell btcusd trade use tools menu within MT5 Bitcoin Crypto Currency Platform as shown below.
The New order button for placing a new btcusd trade is depicted below.
Crypto Trade Set a StopLoss on MetaTrader 5 iPhone App?
Once you select new trade order button as illustrated & shown above the following bitcoin trade order popup window will pop-up and as a btc/usd trader you can use this trade order popup window to set StopLoss Bitcoin Order Area for your new bitcoin trade transaction.
This pop-up includes the settings for placing a new btcusd crypto order as well as the parameters for setting StopLoss BTCUSD Crypto Order Level.
Crypto Trade Set a StopLoss 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 crypto currency orders
Open Buy or Sell Bitcoin Crypto Currency Trade by Clicking the Following Button Keys:
- Sell by Market - Open a Sell Bitcoin Crypto Currency Trade
- Buy by Market - Open a Buy Bitcoin Crypto Currency Trade
To Buy at ruling bitcoin crypto currency price & open new order choose the Buy by Market bitcoin crypto order button
To Sell at ruling btcusd crypto price and open a new bitcoin crypto currency order select the Sell by Market btcusd crypto order button
After you open the new trade transactions 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 the above order settings button key will pop-up and appear and you can set StopLoss Bitcoin Crypto Currency Order using the method explained above.
Place a Stop Loss Cryptocurrency Order in MetaTrader 5 iPhone App?
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