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Topic: What exchanges support Stop Loss Limit? (Read 145 times)

member
Activity: 616
Merit: 12
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June 16, 2019, 11:29:34 AM
#9
Now there are enough exchanges that use stop-loss features, Binance and Bittrex as far as I know, have been installed stop-loss.
it's better to avoid relying on the use of features like this, the price can also sometimes bounce back up after touching the stop-limit price. and that can be frustrating.
legendary
Activity: 1624
Merit: 1130
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June 16, 2019, 10:33:06 AM
#8
Bitmex has extreme candle wicks in every direction every now and then due to liquidations happening and just the fact that there's a lot of highly leveraged traders on Bitmex. I would never use a limit stop on the site, always go with a market stop on Bitmex. Massive squeezes and cascading market stops mean the price can extremely easily skip over your limit stoploss and it never executes.
full member
Activity: 434
Merit: 246
June 16, 2019, 10:01:23 AM
#7
Hello,

I have noticed that popular exchanges like kraken, binance have no stop loss limit.
There is only sell/buy limit. What exchanges support Stop Loss?


I don't get you! Are you saying binance has no stop loss limit? I just used that now to lockin my profits from yesterday gain.

Yes, binance has a "stop loss", but it is a "market stop loss". The OP is asking about a "limit stop loss", which binance has not, but bitmex has, as explained by @exstasie in the post above.

To be clear, "market stop loss" is executed similar to a "market order", while "limit stop loss" is executed like a "limit order", if you are getting what I want to say.
sr. member
Activity: 882
Merit: 269
June 16, 2019, 09:18:25 AM
#6
Hello,

I have noticed that popular exchanges like kraken, binance have no stop loss limit.
There is only sell/buy limit. What exchanges support Stop Loss?


I don't get you! Are you saying binance has no stop loss limit? I just used that now to lockin my profits from yesterday gain. Maybe you should do more research on this as I cannot give you full details on stop loss at binance but I learned how to used from steemit. Pokoniex were I also do trade has stop loss order limit.
jr. member
Activity: 47
Merit: 1
June 16, 2019, 08:52:14 AM
#5
Every exchange has either a stop loss limit or stop loss.

Kraken supports stop loss and does not have the stop limit function.

I think the more experienced traders prefer stop loss over stop limit as it guarantees order placement in all situations especially high volatile moves
hero member
Activity: 2604
Merit: 816
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June 15, 2019, 05:52:13 AM
#4
How about poloniex and bittrex? I think you need to check both exchanges because I see that in poloniex, the stop-loss limit is available too. But I think in every exchange the stop loss limit will be available too because that is a function that will help traders to prevent from the big loss and they can use it in every time they trade.
legendary
Activity: 1806
Merit: 1521
June 15, 2019, 03:18:03 AM
#3
Bitmex and Bitfinex both support every type of stop loss order (stop market orders, stop limit orders, and trailing stops).

I suggest sticking with stop market orders unless you know what you're doing. If you set your trigger too narrowly on a stop limit order, it may not execute. Then you get margin called. Wink
member
Activity: 104
Merit: 10
June 15, 2019, 01:54:56 AM
#2
I am also interested
newbie
Activity: 7
Merit: 1
January 18, 2018, 03:55:15 PM
#1
Hello,

I have noticed that popular exchanges like kraken, binance have no stop loss limit.
There is only sell/buy limit. What exchanges support Stop Loss?

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