HOW TO PLACE A STOP LOSS ON KRAKEN PRO (Stop Loss vs Stop Loss Limit)

Описание: In this Kraken Pro tutorial for beginners, i show you how to place a Stop Loss on Kraken Pro and also how to place a Stop Loss Limit order on Kraken Pro. I show you how to place both of these orders on the Kraken Pro Website. I also explain the difference between the two order types and give examples of both. Stop loss order types are trades you set up in advance and they will automatically sell your crypto if the price drops to a certain level, helping you limit your losses.

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If you would like to watch a full tutorial on Kraken then i recommend watching one of the below two videos.
► How to use the Kraken Exchange:    • HOW TO USE KRAKEN EXCHANGE (How To Buy Cry...  
► How to use the Kraken App:    • HOW TO USE KRAKEN APP (Kraken App Tutorial...  

Timestamps:
00:00 - Intro
00:34 - What is a Stop Loss Order on Kraken?
00:54 - Kraken Stop Loss Example
01:19 - How to place a Stop Loss on Kraken Pro?
02:35 - What is a Stop Loss Limit order on Kraken Pro?
03:02 - How to place a Stop Loss Limit order on Kraken Pro?
04:11 - When to use a Stop Loss Order vs Stop Loss Limit on Kraken Pro

DISCLAIMER: I am not a financial advisor. The information in this video is not financial, investment, or tax advice. If you want financial, investment, or tax advice, you should seek a licensed professional. The opinions in this video are my own, and I am not providing investment advice. Past performance is not indicative of future results. Trading and investments involve risk where there is potential to lose your capital. Cryptocurrency is unregulated in the UK and many other countries. Profits may be subject to tax. You should always do your own research. This description contains affiliate links. If you sign up and make a deposit through these links, I will receive a commission at no extra cost to you.

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