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Topic: Limit Orders - Strategy to mitigate risk? (Read 136 times)

newbie
Activity: 5
Merit: 0
December 07, 2017, 11:24:44 AM
#1
I'm new to trading on exchanges. I have a GDAX acct. What I want to do is set an order so that if the price goes below a certain price, it sells. That way, I know I can always break even. This is possible with a limit sell order, right?
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